Securities and Exchange Commission chairman Christopher Cox received the final report of an SEC advisory committee containing 25 recommendations to make financial information more useful and understandable to investors. Last year, Cox announced the creation of the SEC Advisory Committee
New research published by the City of London shows that tighter EU regulation could significantly reduce growth in the financial services industry. This is the third edition of the annual report on "The Importance of EU Wholesale Financial Services to
On 19 March 2008, the Financial Services Authority (FSA) confirmed that it would be conducting an investigation into trading in HBOS following a sharp fall in its share price. The following statement outlines the background to the FSA investigation into
Regulators in the US state of Massachusetts have charged that Merrill Lynch acted unethically by fraudulently selling auction rate securities and misleading investors, the Boston Globe reports. The charges claim that Merrill Lynch violated the supposed independence of its research
The Securities Industry and Financial Markets Association (SIFMA) and its affiliate, the European Securitisation Forum (ESF) today welcomed Sir James Crosby's assessment and analysis of current market conditions, the implications on the securitisation market and potential policy alternatives. "As stated
The Securities and Exchange Commission extends an order issued 15 July to enhance investor protections against naked short selling in the securities of financial institutions to which the Federal Reserve has granted temporary access to liquidity facilities on an emergency
US lawyers are looking for French plaintiffs to add to a class action lawsuit in New York against Socit Gnrale over the French banks losses this, year, the International Herald Tribune reports. "It is up to the court to decide
Lloyds, the specialist insurance market, has chosen World Check to meet its Due Diligence and Know Your Customer compliance needs. World Check is the provider of intelligence on heightened risk individuals and entities to more than 2900 institutions in 161
The Securities Law Firm of Klayman & Toskes says that following its announcement that it is investigating Citigroup's ASTA and MAT Funds, the Law Firm has received numerous inquiries from investors who sustained losses in these Funds. Accordingly, Klayman &
RA Computer, the SIA SSB Group company specializing in the creation of software solutions and web applications for Banks, Businesses and Public Administration, and WorldCompliance, the US provider operating globally in the provision of value added information for finance and