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United States Securities And Exchange Commission
Latest United States Securities And Exchange Commission Items
President-elect Barack Obama on Thursday said he will impose "a shift in ethics" on Wall Street, arguing for new, aggressive controls on markets as he named his financial regulatory team.
SAN FRANCISCO (AP) — Yahoo Inc. today postponed a looming showdown for control of its board, giving itself more time to prepare a defense — or negotiate a sale to Microsoft Corp. that would cause activist investor Carl Icahn to call off the mutiny.
Franklin Bank Corp., the Texas bank led by mortgage bond pioneer Lewis S. Ranieri, might seek a buyer after an internal probe of lending practices led to the removal of a top executive and sparked an inquiry by federal regulators.
Reports that two the nation's largest home lenders were having trouble getting funds for mortgages prompted the world's central banks yesterday to step up rescue efforts with a record $323 billion of cash infusions aimed at averting a market crisis.
Shareholders are showing their happiness with the stock market's strong performance over the past two years by suing corporations less in class-action lawsuits, according to a new Stanford Law School study.