Securities and Exchange Commission (SEC)

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.

Cox calls for CDS controls

Christopher Cox, Chairman of the US Securities and Exchange Commission (SEC), has called for greater regulation of the credit default swaps (CDS) market.

SEC and FSA ban short selling on financials

The US Securities and Exchanges Committee (SEC) and UK Financial Services Authority (FSA) have both announced temporary bans on the short selling of financial stocks, as they look to halt the slide in bank equity prices.

You've got mail

Emails are increasingly being used (and demanded) as evidence by US courts, and the implications of this are rippling around the globe. Ellen Davis looks at what international firms need to be doing with their email to ensure they can handle the changing…

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