The SEC subpoenaed several former in-house brokers as part of an investigation of Citigroup (C) debt funds.
The funds in question borrowed heavily and invested in mortgage bonds and municipal bonds, The Wall Street Journal said without naming its sou…
The May 6 “flash crash” is still somewhat of an enigma, but an advisory panel meeting on Friday to review a report into it could at least help regulators establish some new market rules to prevent similar crashes from occurring…
Seven companies involved in the oil and gas industries will pay the U.S. government a total of $236.5 million to settle corruption charges. An investigation by the SEC and the Justice Department alleges that the companies bribe…
Traders will no longer be able to make direct trades without broker supervision. As part of a series of changes after May’s “flash crash,” the U.S. Securities and Exchange Commission decided Wednesday to bar traders from having…
The U.S. Securities and Exchange Commission is considering a rule that would level the playing field between retail investors and high frequency traders. Under the proposed rule, unlicensed high-frequency traders will no longer…