Securities Regulation
Hensarling Willing to Consider ‘Version 2.0’ of Dodd-Frank Overhaul
House Financial Services Committee Chairman Jeb Hensarling said he's willing to tweak his plan to overhaul the Dodd-Frank Act before reintroducing it to Congress early next year. The committee is ...
What’s Out Under Trump? Federal Fracking Rules, Probably; FSOC, Possibly
Three days before Donald Trump's inauguration as the 45th U.S. president, attorneys for Barack Obama's outgoing administration will ask an appeals court to revive rules governing oil-and-gas fracking ...
St. Jude Medical Short Seller’s Heart Device Allegations Spur Lawsuit
St. Jude Medical Inc on Wednesday filed a lawsuit against short-selling firm Muddy Waters and cyber security company MedSec Holdings Ltd, saying they intentionally disseminated false information ...
Environmental Risk: Investors Worrying about Data Centers’ Water Use
Data centers, used by governments and large corporations to house their computer systems, have one big environmental problem: They get hot. To keep them from overheating, large data centers can pump ...
SEC to Target Tesla for Disclosure Failure: WSJ Report
The U.S. Securities and Exchange Commission is investigating Tesla Motors Inc. for a possible securities law breach after the electric car maker failed to disclose a fatal crash in May, the Wall ...
Global Indemnity plc Redomesticating from Ireland to Caymans
Global Indemnity, plc announced Monday that its board of directors unanimously approved a plan to redomicile from Ireland to the Cayman Islands. Shareholders will be asked to vote in favor of ...
AIG to Appeal California Ruling Allowing PIMCO Suit to Proceed
American International Group Inc. failed to persuade a judge to throw out a lawsuit by Pacific Investment Management Co. over investments that were wiped out because of the insurer's exposure to ...
Unlike Buffett, S&P Sees ‘Considerable’ Climate Change Impact for Insurers
While the overall impact of climate change on the insurance industry is difficult to quantify, the multilayered effects of regulation, reputation and litigation will be "considerable" over the long ...