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By Press Release |
July 17, 2012
Testimony of Chairman Gary Gensler before the U.S. Senate Committee on Agriculture regarding progress in Dodd-Frank, PFGBest oversight and Libor manipulation scandal.
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By Phil Mattingly, Bloomberg |
July 3, 2012
In the U.K., a record fine for Barclays Plc has triggered outrage from lawmakers and forced resignations from the bank’s top executives. In the U.S., Wall Street’s defenders in Congress are sticking by the industry
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By Alanna Byrne |
June 28, 2012
The economic crisis has ushered in a wave of global financial regulations, notably in the form of the 2010 Dodd-Frank Act and the European Market Infrastructure Regulation (EMIR).
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By Silla Brush, Bloomberg |
June 18, 2012
Several financial industry associations say that regulators need a better system of mutual recognition and coordination to ensure adequate oversight of the markets.
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By Dawn Kopecki, Phil Mattingly and Clea Benson, Bloomberg |
June 13, 2012
U.S. senators preparing to hear testimony from JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said they will press him to explain what led to more than $2 billion in trading losses.
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By Silla Brush, Bloomberg |
June 12, 2012
Senate Democrats are seeking to increase the budgets of regulators in spending plans that clash with House Republicans’ efforts to rein in the Dodd-Frank Act.
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By Dawn Kopecki and Phil Mattingly, Bloomberg |
June 12, 2012
JPMorgan CEO Jamie Dimon said traders in a London unit responsible for a $2 billion loss didn’t understand the risks they were taking and weren’t properly monitored.
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By Silla Brush, Bloomberg |
June 11, 2012
The CFTC may release a proposal for cross-border derivatives oversight that won’t require analysis of its costs.
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By Max Abelson, Bloomberg |
June 11, 2012
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon plans to testify before Congress this week about his firm’s $2 billion trading loss. His Wall Street colleagues don’t understand why.
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By Max Abelson |
June 10, 2012
The firm's loses have sliced $27 billion from JPMorgan’s market value since the May 10 disclosure, while triggering at least five federal probes.
