SEC

Senate panel to question CFPB, SEC nominees next month

02/22/21

The Banking Committee will hold a confirmation hearing on March 2 for Rohit Chopra and Gary Gensler. They are the administration's picks, respectively, to lead the Consumer Financial Protection Bureau and the Securities and Exchange Commission.

[more]

Ripple fights back against SEC securities complaint

02/01/21

The software company in a court filing reiterated its argument that XRP is a virtual currency that doesn't need to be registered.

[more]

Biden taps FTC’s Chopra as CFPB chief, Gensler as SEC chairman

01/18/21

The nominees, strongly backed by progressive Democrats to lead two key Wall Street watchdogs, signal that the Biden administration is planning tough oversight after four years of light-touch policies under appointees of President Donald Trump.

[more]

Gensler, Bharara are candidates to run SEC, putting Wall Street on edge

11/13/20

Joe Biden's presidential transition has barely started but already banks and investment firms are anxious about two names they fear are in the running to lead the Securities and Exchange Commission: Gary Gensler and Preet Bharara.

[more]

Activist bank investors run into an SEC roadblock

10/04/20

New rules on shareholder submissions of proxy proposals could help banks fend off demands to disclose more pay data, cut financing to fossil fuels companies and adopt other reforms.

[more]

JPMorgan is set to pay $1 billion in record spoofing penalty

09/23/20

JPMorgan Chase is poised to pay close to $1 billion to resolve market manipulation investigations by U.S. authorities into its trading of metals futures and Treasury securities, according to three people with knowledge of the matter.

[more]

Strip FASB of its powers

06/12/20

Lawmakers should go further than their recent criticism of the Financial Accounting Standards Board's loan-loss rule and just hand over its duties to the Securities and Exchange Commission.

[more]

JPMorgan to offer banking to crypto exchanges; news services sue SBA

05/13/20

The move is the first time the bank has provided services to digital currency players; the Washington Post and four other heavy hitters want details on PPP and small business disaster loan programs.

[more]

Wells pays another fine; bank stocks keep falling

02/28/20

The bank agreed to pay $35 million to settle SEC charges it recommended high-risk ETFs to some customers; coronavirus fears continue to batter financial shares.

[more]

Cheat sheet: Inside the $3B Wells Fargo settlement

02/21/20

The ten-digit penalty marks an important milestone for the bank, but individual ex-bankers may still be at risk and grueling hearings lie ahead for current leadership.

[more]