Securities and Exchange Commission (SEC)
CME awaits SEC approval for CDS clearing
The launch date for the Chicago Mercantile Exchange (CME) Group's credit default swap (CDS) clearing platform remains unclear, almost two weeks after it received the green light from two US financial regulators.
Obama promises 'detailed plan' for US regulatory overhaul
Regulatory News
SEC Catches out Haitian Ponzi
Losses and Lawsuits
Regulators and Industry Reel after $50bn Madoff Fraud
Losses and Lawsuits
Brought to account
Conrad Hewitt, chief accountant of SEC, talks to Alexander Campbell
Obama names next heads of SEC and CFTC
US president-elect Barack Obama has named the next leaders of the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) following his call for "a 21st century regulatory framework to ensure a crisis like this can never…
Finra CEO to take over at SEC
Daily news headlines
Cox admits SEC failure to detect Madoff fraud
Daily news headlines
Mark to market needs refining, not scrapping - SEC
Christopher Cox, chairman of the US Securities and Exchange Commission (SEC), backed fair-value accounting in a speech to the American Institute of Certified Public Accountants last week, but said some aspects, particularly rules on impairment, needed…
SEC toughens rules for credit rating agencies
Daily news headlines
SEC votes to tighten rules on rating agencies
The US Securities and Exchange Commission (SEC) voted yesterday for new rules governing rating agencies, aimed at reducing conflicts of interest in the ratings process.
Europe resolves to regulate rating agencies
Regulatory News
Mark-to-market accounting 'a major cause' of the crisis
Corporate Governance
SEC convenes meeting of international regulators
Daily news headlines
Dinallo backtracks on regulating CDSs
New York State insurance superintendent Eric Dinallo shelved plans to bring a large slice of the credit default swap (CDS) market under the purview of the New York State Insurance Department (NYSID) during a US congressional committee hearing on November…
Shorts changed
Short selling
SEC opens up US to foreign trades
Daily news headlines
Bank of America and RBC in ARS settlement
Bank of America and Royal Bank of Canada (RBC) yesterday agreed to buy back up to $5.5 billion of auction rate securities (ARS) they issued, becoming the latest banks to reach an agreement in principle with the US Securities and Exchange Commission (SEC).
SEC extends short selling ban
The US Securities and Exchange Commission (SEC) has extended its ban on the short selling of financial stocks to October 17, in order to give the US Congress time to vote through measures aimed at stabilising the financial markets.
Worldwide regulators ban short selling; markets surge
REGULATORY UPDATE