Prudential says will not appeal U.S. council’s systemic tag
WASHINGTON (Reuters) - Prudential Financial said it will not ask a federal court to overturn a designation by the U.S. risk council that will subject the company to strict capital...
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SEC chair pushes hedge funds to be more open on private stock deals
WASHINGTON (Reuters) - The head of the U.S. Securities and Exchange Commission vowed to plow ahead with controversial new rules requiring hedge funds to disclose details about private stock deals...
SEC website will shed light on high-speed trading
WASHINGTON (Reuters) - U.S. securities regulators are launching a website to provide the public with extensive equity market data, a move that will help shed light on high-speed electronic trading...
U.S. study says asset managers could pose systemic market risk
WASHINGTON (Reuters) - Some activities of asset managers could pose risks to the broader marketplace, according to a study released by the Treasury Department on Monday that boosted the likelihood...
SEC would operate as normal in early weeks of shutdown
WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission would continue reviewing IPO applications and monitoring markets as normal in the early weeks of a government shutdown, but market players...
SEC to unveil CEO pay ratio rule, adopt municipal adviser rule
WASHINGTON (Reuters) - U.S. corporations will need to disclose how their chief executive's paycheck compares to that of their average worker under a proposal set to be unveiled on Wednesday...
U.S. SEC charges 23 firms in short-sale crackdown; 22 settle
WASHINGTON (Reuters) - Twenty-two investment firms will collectively pay more than $14.4 million in sanctions to settle civil charges in connection with a broad crackdown by federal regulators into illegal...
U.S. exchanges to create kill switches following Nasdaq outage
WASHINGTON (Reuters) - U.S. stock exchanges agreed with regulators on Thursday to reforms including a "kill switch" to stop trading during emergencies, after a software glitch with Nasdaq's stock quote...
Trader to pay $5.2 million to settle Smithfield insider trading case
WASHINGTON (Reuters) - A Thailand-based trader will pay $5.2 million to settle civil charges that he traded on nonpublic information ahead of a public announcement about the proposed acquisition of...
U.S. SEC’s Piwowar urges more study after Nasdaq outage
WASHINGTON (Reuters) - The newest member of the U.S. Securities and Exchange Commission urged regulators on Friday to study the issues surrounding this week's Nasdaq OMX trading halt before rushing...