A Boston-based law firm announced a lawsuit Friday against the Securities and Exchange Commission on behalf of investors conned by Bernie Madoff. The suit brought by Kacheroo Legal Services seeks class-action status, and if it…
Thanks to public outcry and the prodding of the SEC, public companies don’t throw crazy perks at their CEOs the way they once did. But execs still routinely get lavish benefits that increase their pay by millions. See our list …
Mary Schapiro, chairwoman of the SEC, said she doesn’t expect that the recent midterm elections will affect the overhaul of the U.S. financial regulation. As long as financial regulation bill Dodd-Frank is on the books, the SEC will enforce it, Schapir…
Goldman Sachs has been fined $650,000 by the Financial Industry Regulatory Authority for failing to properly disclose to regulators that two of its executives were going to be investigated by the Securities & Exchange Commissio…
Additional changes to prevent another “flash crash” are on the way, the U.S. Securities and Exchange Commission said Monday. Among other things, the commission may tinker with the circuit breakers it set up to automatically hal…