Securities Regulation
Whistleblower Tips Up in 2014: SEC
The U.S. Securities and Exchange Commission received more than 3,500 tips from whistleblowers in fiscal year 2014, the largest number received since the program went into effect three years ago. The ...
SEC Seeking to Dole Out $600M-Plus SAC Settlement
The U.S. Securities and Exchange Commission wants to make its $602 million settlement with SAC Capital Advisors hedge fund available to people who say they are victims of illicit trading by a former ...
Chubb Tells SEC It Has No Direct Ties to ‘Adjusters’ in Syria
Chubb Corp. has distanced itself from insurance adjusters in Sudan and Syria after a U.S. Securities and Exchange Commission inquiry into business in nations blacklisted by the U.S. because of ...
Insurance-Linked Securities on Track to Break Issuance Records: Willis
Insurance-linked securities (ILS) will break issuance records last set in 2007 as the embrace of alternative investments in the property/casualty industry continues to grow, according to an update ...
Report: Used-Car Dealers Focus of Loan Fraud Investigation
U.S. federal and state authorities are investigating used-car dealerships to examine if they are inflating borrowers' income or falsifying employment information on loan applications to ensure that ...
MBIA Lures Barclays Exec to Lead Muni-Bond Insurance Arm
MBIA Inc. hired Tom Weyl from Barclays Plc to head efforts to win business at its municipal- bond insurance unit. Weyl will start by year-end as managing director and head of new business development ...
Insurers Bullish on Private Market Assets for Diversification: BlackRock
Insurance companies around the world are making a significant move toward private market assets to diversify against the risks that have traditionally underpinned their businesses, according to a new ...
Citigroup Dives Deeper Into Derivatives Risks
In the past five years, the firm that took the largest U.S. bank bailout of the financial crisis increased the total amount of derivatives on its books by 69 percent, surpassing most U.S. peers and ...