House Financial Services Committee considers financial market reform in Washington
Mary Shapiro, chairman of the Securities and Exchange Commission (SEC) testifies before the House Financial Services Committee about reforming regulations on financial markets on Capitol Hill in Washington on July 22, 2009. (UPI Photo/Roger L. Wollenberg)
An overload of Washington insiders at Wall Street consulting firms then hired by federal regulators arouses suspicions, Sen. Sherrod Brown said.
U.S. stocks close in a split ... Obama nominates two chief regulators ... Former Humana exec admits taking kickbacks ... Older women set pace in labor force gains ... News from United Press International.
President Obama nominated two regulatory chiefs Thursday to take charge of the Securities and Exchange Commission and the Consumer Financial Protection Bureau.
U.S. stocks split with Dow climbing ... Obama to nominate White to head SEC ... Job title squashed in worker perk poll ... Manufacturing index shows gains ... News from United Press International.
The U.S. Securities and Exchange Commission named Geoffrey Aronow as its chief general counsel Monday.
The White House announced Monday there would be a changing of the guard at the top office of the Securities and Exchange Commission.
The head of JPMorgan Chase Tuesday told a U.S. House panel an effort to limit risk actually led to the bank's massive losses in May.
Former Securities and Exchange Commission General Counsel David Becker said he has suffered from the controversy surrounding Bernard Madoff's fraud victims.
U.S. regulators have asked stock exchange leaders to erect new firewalls to prevent market free falls, such as the 15-minute dive that took place last Thursday.
U.S. Securities and Exchange Commissioner Mary Schapiro said the agency was gearing up for a tougher stance on regulatory enforcement.
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