Government
Taiwan Welcoming Bigger Investment by Chinese Banks in Financial Sector
Taiwan will ease rules to allow Chinese banks to buy bigger stakes in local banks and permit more Chinese firms to invest in its financial industry, the island's financial regulator said on Monday, ...S&P Wants Fraud Charges Moved to Federal Court; Justice Department Opposes
The U.S. Department of Justice opposed Standard & Poor's efforts to move a spate of lawsuits charging the ratings agency with fraud to federal from state courts. Standard & Poor's is seeking ...
U.S. Regulators To Weigh In On Health Effects Of Cellphone Radio Waves
U.S. regulators are looking into how radio frequencies emitted by cellphones and other wireless devices affect people amid lingering concerns about the risks of cellphone radiation. The Federal ...
Former Freddie Mac Executives Lose Bid To Toss SEC Lawsuit
Former Freddie Mac chief executive Richard Syron and two other one-time executives lost their bid to escape a U.S. regulator's lawsuit accusing them of misleading investors about the company's ...
U.S. Dismisses Most Claims In LIBOR Private Lawsuits; Finds For Banks
The world's biggest banks won a major victory on Friday when a U.S. judge dismissed a "substantial portion" of the claims in private lawsuits accusing them of rigging global benchmark interest rates. ...
U.S. Insurance Regulators Renew Training Pact with Chinese Regulators
U.S. insurance regulators will continue a program of information sharing and cooperation that helps their counterparts in China learn about insurance regulatory practices in the U.S. The National ...
Actuaries Weigh Healthcare Reform’s Effect on P/C Insurance
The key changes in federal health care reform remain months away but property/casualty actuaries are already trying to determine what impact they will have on their own lines of business, ...Judge Delays Ruling On SAC’s ‘No Admission’ Settlement With SEC, Pending Citigroup Outcome
A judge on Thursday put off a decision on the U.S. Securities and Exchange Commission's proposed $602 million insider trading settlement with a unit of SAC Capital Advisors hedge fund, potentially ...