Say Goodbye To Some Paper Investment Reports
Investors and retirees who now get lengthy paper reports on how their mutual funds are doing will have to go online for the same updates. The change is frustrating consumer watchdogs.
Securities and Exchange Commission
SEC Says Cybercriminals Hacked Its Files, May Have Used Secret Data For Trading
The Securities and Exchange Commission says the "nonpublic information" might have given the intruders an edge in the markets, but didn't contain personally identifiable information.
Repeal Of Anti-Corruption Rule May Hurt National Security, Critics Warn
The repealed Securities and Exchange Commission rule required oil, gas and mining companies to disclose overseas payments. It was meant to promote transparency in countries riddled with corruption.
Can An SEC Nominee With Ties To Goldman Regulate Wall Street Impartially?
Donald Trump has nominated Jay Clayton, a Wall Street lawyer, to head the Securities and Exchange Commission. Critics say it's another example of Trump packing his Cabinet with Wall Street insiders.
Feds Investigate Fiat Chrysler Over Car Sales
The automaker confirmed the Securities and Exchange Commission is asking questions, along with the Justice Department, about the accuracy of reports the company files on its car sales.
SEC Adopts CEO Pay Ratio Rule, Five Years After It Became Law
After the agency formally proposed the pay ratio reporting rule in 2013, it received more than 280,000 public comments that called on its commissioners to approve the rule.
Whale Of A Fine: JPMorgan Chase To Pay $920M In Penalties
Traders in JPMorgan's London offices racked up huge losses last year and then tried to cover up what happened. Now, the bank is admitting the violations and agreeing to pay nearly $1 billion to regulators in the U.S. and U.K.