Financial Regulatory Forum

US SEC sets market review, high-frequency probe

By Reuters Staff
January 13, 2010

By Rachelle Younglai and Jonathan Spicer

WASHINGTON/NEW YORK, Jan 13 (Reuters) – U.S. securities regulators took their first stab at deciding whether rules are needed to curb high-frequency traders, whose lightning-fast computer programs now dominate equities markets.

US SEC mulls plans to safeguard naked market access

By Reuters Staff
January 12, 2010

By Rachelle Younglai

WASHINGTON, Jan 12 (Reuters) – U.S. securities regulators are mulling a proposal that would require more supervision of unlicensed traders who gain unfettered access to public markets, two people familiar with the plan said on Tuesday.

US SEC review expected to stir market controversies

By Reuters Staff
January 12, 2010

By Jonathan Spicer

NEW YORK, Jan 11 (Reuters) – Regulators are set to stir old controversies this week when they meet to release a paper on high-frequency trading and the broader U.S. equity markets, expected to review myriad changes over the last decade.

US SEC cracks down on how companies are governed

December 16, 2009

Rachelle Younglai

WASHINGTON, Dec 16 (Reuters) – U.S. companies will have to disclose their compensation practices and board members’ qualifications under rules adopted by the Securities and Exchange Commission on Wednesday.

Top U.S.court weighs Sarbanes-Oxley auditing board

By Reuters Staff
December 7, 2009

The U.S. Supreme Court is seen in Washington, September 29, 2009. REUTERS/Jim Young  By Rachelle Younglai

WASHINGTON, Dec 7 (Reuters) – The U.S. Supreme Court hears a case on Monday that could alter how corporate America is audited and overhaul the Sarbanes-Oxley corporate reform act.

Bank-run dark pools see change to one U.S. SEC proposal

By Reuters Staff
December 4, 2009

Two boys hold onto a rock-pool fence as they watch huge waves, whipped up by a large storm, crash onto rocks at Sydney's Narrabeen Beach.By Jonathan Spicer

NEW YORK, Dec 4 (Reuters) – Officials at two bank-run dark pools — the anonymous stock-trading venues that face sweeping rule changes — expect U.S. regulators to modify a proposal that would make it immediately clear where trading takes place.

Proposed U.S. risk regulator overlaps SEC, CFTC – futures regulator Gensler

By Reuters Staff
November 17, 2009

WASHINGTON, Nov 17 (Reuters) – A proposed super-regulator for the U.S. financial system could result in overlapping overseers of the securities and futures exchanges, said the chief futures regulator on Tuesday.
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U.S. Senator Dodd to unveil financial reform bill on Tuesday

November 9, 2009

U.S. Senator Chris Dodd (D-CT) laughs at a joke told by President Barack Obama to the audience during a fundraiser for Dodd in Stamford, Connecticut, October 23, 2009.  REUTERS/Jason Reed   (UNITED STATES POLITICS) By Kevin Drawbaugh

WASHINGTON, Nov 9 (Reuters) – U.S. Senate Banking Committee Chairman Christopher Dodd will unveil long-awaited draft legislation on financial regulation reform on Tuesday, his office said on Monday.

U.S. SEC says insider-trading may be a “business model” for some hedge funds

By Reuters Staff
November 6, 2009

Robert Khuzami, director of Enforcement at the Securities Exchange Commission, speaks at a news conference in Washington, June 19, 2009.    REUTERS/Joshua Roberts    (UNITED STATES CRIME LAW BUSINESS)   By Jonathan Stempel and Rachelle Younglai
NEW YORK, Nov 6 (Reuters) – A top U.S. securities regulator said some funds may now view insider trading as a central tenet of their business models, rather than as a one-time opportunity for big rewards as sometimes happened in the 1980s.