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U.S. Securities and Exchange Commission

The trading floor at the New York Stock Exchange

Proposed SEC rule would require companies to disclose risks from climate change

Business, Economics and Jobs

Trillions of dollars of financial assets are at risk of losses related to the climate. The Biden administration is moving to require public companies to disclose their climate risk to investors.

Investigation finds SEC regularly exempting Wall Street banks from fraud penalties

Business, Economics and Jobs

Is Mary Jo White a Tough Cop or a Wall Street Insider?

A New Sign that President Obama Is Getting Serious About Prosecuting Financial Crime

This Week’s Agenda: GOP Primary in Illinois, Senate Takes Up Deregulation Bill, Future of US in Afghanistan

Securities and Exchange Commission Under Scrutiny

After the financial meltdown of 2008 people looked to the Securities and Exchange Commission to use its regulatory powers to get to the bottom of the crisis and possibly craft suitable punishments to prevent the same mistakes in the future. Regulation is supposed to discourage not reward bad decisions. But an analysis conducted by our […]

Judge Rejects Citigroup Settlement Over Toxic Mortgages

A federal judge  rejected  a $285 million settlement between Citigroup and the Securities and Exchange Commission, objecting to the practice of allowing banks to settle fraud cases without admitting guilt. Citi may now face a trial over the sale of  toxic mortgages  which cost investors millions but made the bank profit. The judge  said  the public has a right to “the […]

SEC and Madoff: A Conflict of Interest?

Conflict & Justice

Did the SEC have a conflict of interest in dealing with Bernie Madoff? Louise Story, Wall Street and finance reporter for The New York Times, has the details.

The World

Goldman Sachs defending its assets

Conflict & Justice

Following news on big earnings and a fraud suit filed against them, Goldman Sachs is claiming that they would never knowingly attempt to defraud clients. Will this help restore confidence in the company?

The World

SEC brings fraud suit against Goldman Sachs

Conflict & Justice

On Friday the Securities and Exchange Commission announced a civil suit against Wall Street giant Goldman Sachs, after uncovering what the SEC calls significant evidence of fraud during the run-up to the current financial crisis.