Posts Tagged “Wall Street”
Let’s Sue Wall Street: SEC’s Aguilar
by The Compliance Exchange on April 18, 2013
In searching for a better way of policing Wall Street, SEC commissioner Luis Aguilar is onto something: Let investors sue their advisers the way they could sue their doctors for malpractice.
Where Bank Regulators Go to Get Rich
by The Compliance Exchange on April 8, 2013
Mary Schapiro, the former chairman of the Securities and Exchange Commission, must take us for fools. No need to worry about her and the so-called revolving door between government and Wall Street, she told the Wall Street Journal on April 2, after (…)
Federal Regulators Must Tread Softly on Executive Pay
by The Compliance Exchange on March 19, 2013
There are two basic, but different approaches to corporate governance.
Famous TV Analyst Meredith Whitney Compares Bank Regulations To ‘Drone Attacks’
by The Compliance Exchange on March 19, 2013
What do bank regulations and drone attacks have in common? If you answered, “Nothing, what a stupid question,” then you are obviously not famous bank analyst Meredith Whitney!
Compliance Wrap-Up
by The Compliance Exchange on March 19, 2013
The European Union regulator that oversees Moody’s Investors Service (MCO), Standard & Poor’s and Fitch Ratings said credit rating companies are falling short of standards set by the bloc.
How a Chinese Company Laundered Millions Using Las Vegas Slot Machines
by The Compliance Exchange on March 19, 2013
There are fresh allegations that some of the money that went missing from a Chinese company once listed on the Nasdaq may have been laundered through slot machines in Las Vegas casinos.
Former CalPERS officials indicted on fraud, obstruction charges
by The Compliance Exchange on March 19, 2013
Federal prosecutors in San Francisco indicted former CalPERS Chief Executive Fred Buenrostro and former board member Alfred J.R. Villalobos on Monday afternoon as part of a years-long investigation into possible influence-peddling and corruption.
HSBC faces new money laundering claims in Argentina
by The Compliance Exchange on March 19, 2013
Banking giant HSBC, which was hit with a US fine for money laundering last year, is facing fresh accusations of illegal activity in Argentina.
Citigroup agrees to pay $730 million to settle with investors
by The Compliance Exchange on March 19, 2013
Citigroup Inc (C.N) has agreed to pay $730 million to settle a class action lawsuit on behalf of investors who said they were misled by the company’s disclosures.
Yes, the Financial System Is Rigged. Why Shouldn’t You Profit From That Knowledge?
by The Compliance Exchange on March 11, 2013
Our system is rigged. Unfair. Hopelessly neglectful of the little guy. All true. But do you really have a better choice? Did you honestly think Washington was going to let it all fail—and for good? After all, who’s backing Fannie Mae (…)
