Regulation & Compliance
U.S. Plans To Let Spy Agencies Scour Americans’ Finances: Reuters Report
The Obama administration is drawing up plans to give all U.S. spy agencies full access to a massive database that contains financial data on American citizens and others who bank in the country, ...U.S. SEC Nominee White Promises ‘Unrelenting’ Enforcement
Mary Jo White, the nominee to head the U.S. Securities and Exchange Commission, plans to tell lawmakers on Tuesday that she will bring a "bold and unrelenting" enforcement program to the agency if ...SEC Charges Illinois With Securities Fraud For Misleading Muni-Bond Investors About Pension Woes
On Monday, the Securities and Exchange Commission charged the State of Illinois with securities fraud for misleading municipal bond investors about the state's approach to funding its pension ...Banks To Cash In As U.S. Derivatives Reforms Go Live
Banks have been complaining bitterly about new laws to sort out their industry, even though they were blamed for playing a part in the credit meltdown. But this time round, new U.S. rules look set to ...Banks ‘Recovered’ From Crisis With Most Passing Fed Stress Test
U.S. banks have enough capital to withstand a severe economic downturn, the Federal Reserve said on Thursday, with all but one major bank passing the annual health check of the financial sector. A ...U.S. Regulators Look To Punish Bankers For Money Laundering
Bank executives who violate anti-money laundering laws may soon face harsher punishment in the United States as regulators consider ways to step up the fight against illicit money flows. New rules ...PCAOB Criticizes PwC On Quality Control
The U.S. regulator of corporate auditors criticized PricewaterhouseCoopers on Thursday for not doing enough to ensure that its audits were properly carried out, in a rare public reprimand of a major ...