Financial Regulatory Forum

U.S. futures regulator wants ‘Eddie Murphy’ insider-trading ban

March 3, 2010

By Roberta Rampton and Charles Abbott

WASHINGTON, March 3 (Reuters) – The top U.S. futures regulator wants Congress to include as part of its financial regulatory reform package new securities-style firewalls and insider trading bans for commodities, the chairman of the Commodity Futures Trading Commission said on Wednesday.

U.S. government to enhance municipal market regulation

March 2, 2010

WASHINGTON, March 2 (Reuters) – The Internal Revenue Service has agreed to work more closely with the Securities and Exchange Commission to regulate the U.S. municipal bond market, the IRS said on Tuesday, adding the two federal agencies had signed memorandum of understanding.

U.S. market regulators eye clearinghouse governance – CFTC’s Gensler

March 1, 2010

By Christopher Doering

WASHINGTON, March 1 (Reuters) – Congress should give U.S. securities and futures regulators the authority to ensure clearinghouses are protected against conflicts of interest, the chairman of the Commodity Futures Trading Commission said on Monday.

SPECIAL REPORT – Philadelphia SEC unit, where rogue traders dare not tread

February 19, 2010

By Matthew Goldstein

PHILADELPHIA, Feb 19 (Reuters) – An office building that sits atop an upscale shopping mall in downtown Philadelphia is not the sort of place that would ordinarily strike fear into the hearts of bad guys on Wall Street.

INTERVIEW – Proxy access for all, U.S. SEC Commissioner says

February 9, 2010

By Rachelle Younglai

WASHINGTON, Feb 9 (Reuters) – All publicly traded companies should be required to give shareholders a way to influence the composition of their corporate boards, a top U.S. Securities and Exchange Commission official said on Tuesday.

U.S. SEC bolsters money market fund rules on risk, liquidity

January 27, 2010

By Rachelle Younglai

WASHINGTON, Jan 27 (Reuters) – U.S. securities regulators adopted rules aimed at making money market funds a safer investment after the collapse of the Reserve Primary Fund triggered a run on the $3.24 trillion market in 2008.

US SEC mull tough rules for money market funds

January 27, 2010

By Rachelle Younglai and Aaron Pressman

WASHINGTON/BOSTON, Jan 26 (Reuters) – U.S. regulators are preparing new rules to limit the risks taken by money market funds, aiming to ensure investors can always withdraw their money, two people familiar with the plans said on Tuesday.

EXCLUSIVE – Argentina eyes late Jan, Feb debt swap

January 15, 2010

By Kevin Gray and Luis Andres Henao

BUENOS AIRES, Jan 14 (Reuters) – Argentina is working to launch an exchange of $20 billion in defaulted debt by the end of January or early February despite a political battle over foreign reserves that has roiled markets, the finance secretary told Reuters on Thursday.

Top regulators to face U.S. financial crisis panel

January 14, 2010

By Kevin Drawbaugh

WASHINGTON, Jan 14 (Reuters) – Senior U.S. regulators, including outspoken Federal Deposit Insurance Corp Chairman Sheila Bair, will tell their side of the story on Thursday to a commission examining the origins of the 2008 financial crisis.

US SEC proposes “effective” ban on naked access

January 13, 2010

By Rachelle Younglai and Jonathan Spicer

WASHINGTON/NEW YORK, Jan 13 (Reuters) – U.S. securities regulators proposed rules on Wednesday that would require more supervision of unlicensed high-frequency traders who gain unfettered, or “naked,” access to public markets.