U.S High Court Limits SEC Authority To Seek Penalties
The U.S. Supreme Court on
Wednesday limited the authority of the federal government's top
securities regulator to seek civil penalties over conduct that
occurred more than five years before investigators took action.
The Near Impossible Battle Against Hackers
Dire warnings from Washington about a "cyber Pearl Harbor" envision a single surprise strike from a formidable enemy that could disable the financial system or cripple the government.
Judge Extends Freeze on Goldman Account Linked to Heinz Trades
A U.S. judge has extended a
freeze on a Swiss account linked to possible insider trading in
H.J. Heinz Co call options just before the ketchup maker
agreed to be bought by Warren Buffett's Berkshire Hathaway Inc
and Brazilian investment firm 3G Capital.
Ex-Infosys Exec Aims to Shake Up IT Industry Billing Model
A former Infosys Ltd executive is challenging the IT outsourcing industry's billing model by charging for results instead of basing fees on the time and labor put in by the armies of staff working for India's big firms.
and labour put in by the armies of staff working for India's big
Mobility's Undeniable Benefits
Mobile is becoming so pervasive that only after the mobile functionality is developed are firms thinking about how to apply that same functionality to desktop browsers.
Battling Ponzi Schemes and Snake Oil Salesmen
What can the CFTC do to prevent future cases of blatant fraud, as well as the losses, similar to cases like MF Global and Peregrine Financial Group? Andrew Waxman offers some risk management techniques regulators should consider.
Lew Faces Grilling on Citigroup at US Senate Hearing
The top Republican lawmaker
vetting Jack Lew to serve as the U.S. treasury secretary on
Wednesday zeroed in on the nominee's work as an executive at
Citigroup as a possible conflict of interest for a job that
would make him the nation's chief financial regulator.