Securities Regulation
Allianz SE’s El-Erian: Fed Policies May Have Produced New Bubble
Investors might be surprised to learn that they have a lot riding on something that they pay very little attention to: macro-prudential regulation, or what central banks and other government agencies ...Prudential, AIG Get Ex-Connecticut Insurance Regulator As Federal Overseer
The U.S. Federal Reserve has hired a former state insurance commissioner to help it oversee non-bank financial firms that a council of regulators identified for tougher scrutiny last year. Thomas ...
Governance Concerns Raised Over Bonus for CEO of China’s JD.com Ahead of U.S. IPO
China's No. 2 e-commerce company, JD.com Inc, awarded Chief Executive and founder Richard Liu a one-off, share-based bonus of $591 million as the company prepared for its U.S. IPO, giving rise to ...
FINRA Probing Abusive Trades Based on Mathematical Algorithms
Wall Street's self-regulator is cracking down on abusive trades made on the basis of mathematical algorithms and currently has some 170 ongoing investigations into the subject, its chief said on ...
Madoff Victims Seek $40B from Compensation Fund
The overseer of a U.S. fund to compensate victims of Bernard Madoff's Ponzi scheme on Tuesday said he has received roughly 51,700 claims seeking to recoup more than $40 billion, both totals far ...
Class Action Threat: Corp. Bylaws Can Make Suing and Losing Investors Pay Legal Costs, Says Delaware Supreme Ct.
Delaware's Supreme Court has ruled that corporations can adopt bylaws requiring an investor who sues and loses to pay the company's legal costs, potentially upending the economics of a booming type ...
Bernhard Appointed Head of Internal Audit at Hamilton Insurance
Last week, Hamilton Insurance Group today announced that Keith Bernhard has joined the organization as Head of Internal Audit. Bernhard takes on a newly created position at the Bermuda-based company, ...
SEC Unveils Blueprint for Cyber Security Exams of Wall St. Firms
U.S. securities regulators have unveiled a road map that lays out how they plan to make sure Wall Street firms are prepared to detect and prevent cyber security attacks. The nine-page document, ...