Regulation

SEC Chairman Announces The Successor To EDGAR Database

Securities and Exchange Commission Chairman Christopher Cox today unveiled the successor to the agency's 1980s era EDGAR database, which will give investors far faster and easier access to key financial information about public companies and mutual funds. The new system

FSA Imposes A $10 Million Fine On Credit Suisse

Credit Suisse has been fined $10.7 million by the UK regulator, the Financial Services Authority (FSA). The watchdog says that the bank's fixed income unit allowed traders to misrepresent the value of certain financial products over a period of five

JPMorgan And Morgan Stanley To Complete Auction-Rate Settlement

JPMorgan Chase & Co. and Morgan Stanley are on the verge of completing settlements with government regulators to buy back auction rate securities from clients, Bloomberg reports. State regulators, JPMorgan, the third largest US bank by assets, and Morgan Stanley,