SEC chair Mary Schapiro steps down a week after former inspector-general files $20 million lawsuit against the agency
Finra must improve after misleading regulator, order says
Banks could lose margins and competitive edge as a result of derivatives reforms in Dodd-Frank Act
The Federal Reserve Bank of New York has been shepherding global efforts to improve the over-the-counter derivatives market since 2005 and continues to push dealers to improve in areas such as transparency and central clearing. Theo Lubke, senior vice-president...
Despite The Wall Street Journal lambasting equity-linked reverse convertibles as ‘dangerous investments’ and a chorus of bad press culminating in regulatory fines, the products continue to attract capital from the US retail sector. Joti Mangat asks...
The need for discretionary pay was one of numerous thorny issues put to chief executives of eight major banks during a hearing of the US House Financial Services Committee in Washington, DC.
Profile: Richard Ketchum
In the global fight against money laundering, financial institutions are developing various hi-tech weapons. Peter Madigan reports
New guidance from the National Association of Securities Dealers has put the retailisation of the US market in the firing line, sparking anger and confusion among distributors and structurers alike. By Paul Lyon
Concerns over the mis-selling of structured products to investors in the US have prompted the National Association of Securities Dealers (NASD) to issue guidelines to ensure members fall within the scope of sales practice codes.
Chairman of the US Securities & Exchange Commission (SEC) William Donaldson has resigned his position to return to the private sector, leaving a demanding job at the country's lead regulatory agency of the securities industry.
All US securities firms will be required to designate a chief compliance officer (CCO) who will, with the chief executive officer (CEO), certify annually that the firm is working toward compliance with various securities laws, according to the National...
As the Attorney General, the SEC and other regulators join forces to oversee the bond market, we may need to police ourselves.
Corporate bond traders are hesitantly embracing greater transparency and trying to figure out how to use it.