Regulation & Compliance
Former Budget Chiefs Warn on Deficit But Disagree on Speed in Fixing
Two former U.S. budget chiefs who worked for presidents from opposing political parties said on Monday that the government should reduce military spending, scale back Social Security payments and end ...
Will Britain’s New Financial Regulatory Bodies Curb Excesses?
Britain launched its new system of financial supervision on Tuesday, hoping that two new regulators will succeed where a single one failed in preventing banking crises and protecting consumers from ...Greenberg’s View: AIG, Inside vs. Outside Directors and Arthur Levitt
Former AIG CEO and Chairman Maurice "Hank" Greenberg warned against the movement to install more outside directors on corporate boards long before a group of outsiders took over American ...
IRS Asked to Clarify Obamacare Investment Tax
Businesses and wealthy owners of estates and trusts asked the IRS on Tuesday for changes to a part of President Barack Obama's 2010 healthcare law that has received comparatively little attention: a ...
Twitter, Facebook Disclosures Okay, SEC Says
As long as companies alert investors about which social media outlet they plan to use in advance, they can use outlets like Facebook and Twitter to disclose key information, the Securities and ...Rollins To Head New Public Risk Services Group At AIR Worldwide
Catastrophe modeling firm AIR Worldwide announced that John Rollins will lead a new consulting group--Public Risk Services—supporting the needs of public sector institutions and stakeholders ...China to Strengthen Regulation of Financial Products
China will strengthen supervision of new financial products, particularly ones with complex structures and high leverage, to combat potential risks to the banking sector, the industry's regulator ...
Should Tweeting CEOs Be Muzzled or Glorified?
If the CEO of a public company posts good news about the company's booming business on Facebook, does that same CEO have an obligation to post information about a subsequent business decline? The ...