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By Silla Brush and Jim Brunsden, Bloomberg |
May 7, 2013
U.S. regulators face renewed pressure from congressional lawmakers to ease Dodd-Frank Act derivatives requirements amid mounting criticism from Wall Street and overseas officials that the rules overreach.
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By Cheyenne Hopkins and Silla Brush |
March 6, 2013
Lawmakers introduced legislation that would allow more swaps trading to be conducted at banks that have federal insurance.
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By Craig Torres and Cheyenne Hopkins, Bloomberg |
February 4, 2013
Top U.S. bank regulators and lawmakers are pushing for action to limit the risk that the government again winds up financing the rescue of one or more of the nation’s biggest financial institutions.
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By Cristina Alesci, Whitney Kisling and Nina Mehta, Bloomberg |
August 6, 2012
Knight Capital Group Inc. received a $400 million cash infusion through the sale of convertible securities after trading losses spurred by a software failure drove the market maker to the brink of bankruptcy.
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By Robert Schmidt and Michael J. Moore, Bloomberg |
August 3, 2012
The trading losses at Knight Capital Group Inc. renewed pressure on Washington regulators to prove they are equipped to protect investors in markets that are increasingly computerized and fragmented.
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By Whitney Kisling, Bloomberg |
August 2, 2012
Knight Capital Group Inc. has “all hands on deck” and is in close contact with creditors, clients and counterparties as it tries to weather trading errors that cost it $440 million, Chief Executive Officer Thomas Joyce said.
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By Silla Brush, Bloomberg |
April 13, 2012
Democratic senators and representatives have submitted briefs to a federal judge saying Congress intended speculation limits to go into place as written and that Wall Street's challenge to those limits should be dismissed.