S.E.C. Hid Its Lawyer’s Madoff Ties
But as a new report made clear on Tuesday, one top official received a pass: David M. Becker, the S.E.C.’s general counsel, who went on to recommend how the scheme’s victims would be compensated,...
View ArticleDealBook: Details Emerge on Draft of Volcker Rule Proposal
Jung Yeon-Je/Agence France-Presse — Getty ImagesThe Volcker Rule was championed by Paul A. Volcker, the former Federal Reserve chairman. Federal regulators are planning to vote next week on plans to...
View ArticleS.E.C. Rule Lifts Lid on Hedge Funds
WASHINGTON — Large hedge funds, the secretive private investment outfits that use extensive borrowing to magnify the returns of their portfolio bets, will be required to report detailed information on...
View ArticleFed Proposes New Capital Rules for Banks
WASHINGTON (Reuters) — The Federal Reserve on Tuesday proposed new capital and liquidity rules for the largest American banks that would be rolled out in two phases and would probably not go further...
View ArticleDealBook: New Limits on Commodity Trades Are Approved
Brendan Hoffman/Bloomberg NewsBart Chilton, a Democratic member of the Commodity Futures Trading Commission, is a champion of the position limits rule. 7:44 p.m. | Updated A divided Commodity Futures...
View ArticleSome Lenders to Students Face Greater U.S. Scrutiny
WASHINGTON — The Consumer Financial Protection Bureau is stepping up its scrutiny of nontraditional lenders to students at profit-making colleges and trade schools that have high rates of default, the...
View ArticleFair Game: One Safety Net That Needs to Shrink
Granted, the economic pain many are feeling now — the snail’s pace recovery, the stubbornly high unemployment — is foremost in voters’ minds. But given all we’ve gone through after the last binge in...
View ArticleLetters: Letters: Dodd-Frank’s Flaws
Opinion » Letters: The Role of the Military Readers respond to an Op-Ed about the unquestioning support of the military-industrial complex and its spending. Article source:...
View ArticleEconomix Blog: Simon Johnson: Volcker Spots a Problem
Simon Johnson is the Ronald A. Kurtz Professor of Entrepreneurship at the M.I.T. Sloan School of Management and co-author of “White House Burning: The Founding Fathers, Our National Debt, and Why It...
View ArticleFew Clues to Regulatory Goals of Fed Rivals
Mr. Summers and Ms. Yellen are now the leading candidates to head the Federal Reserve, and the winner is likely to spend far more time on financial regulation than previous Fed chairmen. Congress has...
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