Investment Officers
FIRREA: Government’s Key Weapon in Financial Fraud Cases
The U.S. Department of Justice appeared to have struck gold last week with the law it wielded against one of the nation's largest banks over conduct that fueled the financial crisis. To convince a ...
SEC’s Aguilar Wants Stock Exchange Execs Liable for Failures
A proposal that would require stock exchanges to be better equipped to handle market disruptions does not go far enough to hold senior officials accountable for failures, Securities and Exchange ...
SEC’s Gallagher Slams Effort to Adopt Political Disclosure Rules
The U.S. Securities and Exchange Commission should not waste time drafting rules to force companies to disclose information like campaign contributions or government payments for energy projects, a ...
SEC Relying on Firms Strengthening Internal Compliance Programs
The U.S. Securities and Exchange Commission is calling on corporate executives and boards to strengthen internal compliance programs as funding constraints limit the agency's reach, SEC Chairman Mary ...
Blackstone, GIC Buy Stake in Goldman’s European Insurer
Blackstone Group LP and GIC Pte, Singapore's sovereign wealth fund, agreed to buy a majority stake in Goldman Sachs Group Inc.'s European insurance business. Blackstone, the world's biggest ...
Treasury Seeks Financial Risk Management Officer for Federal Programs
The U.S. Treasury Department wants to hire someone to help manage risks and protect against losses on federal programs, according to an internal memo. The Treasury intends to create the job of chief ...
Soros-Backed Insurer Essent Seeks $1.2 Billion Valuation in IPO
Essent Group Ltd., the mortgage insurer backed by George Soros and Goldman Sachs Group Inc., is seeking a valuation of $1.2 billion in an initial public offering as the company adds capital to expand ...
N.Y. Fed Reserve Chief: Living Wills Not Enough to Fix Too Big to Fail
Reserve Bank of New York President William C. Dudley said that government plans to wind down large financial firms, while helping reduce the odds of a taxpayer bailout, don't eliminate the need for ...