Regulation & Compliance
Bipartisan Bill Seeks to End Secrecy of ‘Too Big to Fail’ Panel
Democratic and Republican lawmakers are cooperating on legislation that would lift some of the secrecy around the U.S. council that decides which companies pose the biggest risks to the financial ...
S&P: Bond Insurers Ready for Puerto Rico Corporate Debt Crisis
For now, two major bond insurers appear more than able to handle credit deterioration of Puerto Rico's public corporations and new legislation that will let some of the companies restructure their ...
Greek Investors Sue Cyprus Over Its Solution to 2013 Financial Crisis
Cyprus faces a lawsuit from close to 100 Greek investors who accuse the country of costing both depositors and bondholders of two banks millions of dollars in the wake of its financial crisis and ...
Uber, Lyft, Sidecar Toe-to-Toe With Insurers: State-by-State Analysis
The highly thought-of share-and-share-alike attitude considered a virtue by some has become fighting words between ridesharing companies and the insurance industry. "We try not to make it a battle," ...
U.S. SEC Set to Examine Alternative Mutual Funds
A surge of investment in alternative mutual funds has caught the attention of the U.S. Securities and Exchange Commission, which will launch examinations of fund companies targeting funds' leverage, ...
Sharing Insider Stock Tips on the Golf Course? The SEC is Listening
On Friday, the Securities and Exchange Commission announced that it charged a group of golfing buddies, who made more than a half-million dollars, with trading on inside information. In a complaint ...
Ridesharing Lyft Blocked by NYC Restraining Order; Insurance Law Defiance Cited
New York officials say they've obtained a temporary restraining order against Lyft, the on-demand ride-sharing app, from operating in New York City. The attorney general's office and the Department ...
PwC Must Face $1B Lawsuit Related for Role in MF Global Collapse: Judge
A federal judge on Wednesday rejected PricewaterhouseCoopers' request to dismiss a $1 billion lawsuit accusing the auditor of providing bad accounting advice that contributed to the October 2011 ...