Regulation & Compliance
Federal Trade Commission Moves Closer to Studying ‘Patent Trolls’
The U.S. Federal Trade Commission on Friday took another step toward a comprehensive study of "patent trolls" - companies in the business of buying and asserting patents - to see if they are hurting ...
U.S. Federal Housing Administration to Tap $1.7B in Taxpayer Funds
The U.S. Federal Housing Administration (FHA) said on Friday that it will draw $1.7 billion in cash from the U.S. Treasury to help cover losses from troubled loans, marking the first time in its ...
On the Regulation and the Facts
There was much coverage last month on the fifth anniversary of the collapse of Lehman Brothers, but it was also the fifth anniversary of the U.S. government's intervention in AIG. While the issues at ...
UN Report: Global Warming Has Slowed; Sea Levels to Rise More Quickly
Global warming has slowed since 1998 even though humans spewing ever more greenhouse gases are almost certainly to blame for damaging the atmosphere. That's according to a 36-page summary of a report ...
SEC Chair White Vows Big Fines to Punish Wrongdoers
The head of the U.S. Securities and Exchange Commission warned that her agency will aggressively use its powers to fine wrongdoers and is seeking other creative ways to hold companies and individuals ...Industries Look to UN Report for Guidance on Climate Risks
Companies increasingly factor extreme weather into their strategic planning and a report from the United Nations due on Friday is expected to underscore the heightened risks they face. Extreme ...
A.M. Best Upgrades AXIS Capital Holdings to A+
A.M. Best Co. has upgraded the financial strength rating of AXIS Specialty Ltd. and its operating affiliates to "A+" (Superior) from "A" (Excellent) and its issuer credit ratings to "aa-" from "a+". ...
Regulators Eye Global Guidelines for Financial Crimes and Punishment
Crooked bankers and insider traders would have no safe havens under planned global guidelines for market-abuse penalties, amid concerns some countries don't have strict enough rules. Culprits should ...