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FINRA director in U.S. resigns after old theft indictment surfaces

NEW YORK (Reuters) - A regional director for the securities industry's self-regulatory agency resigned several weeks after the organization received a letter revealing the official had pleaded guilty two decades ago to charitable bingo fraud. Full story

News Summary: Ex-fund directors settle SEC claims

FUND DIRECTORS SETTLE: Eight former mutual fund directors have settled federal claims that they allowed others at the firm to set values for subprime mortgage securities that were held by funds on which investors lost $1.5 billion. Full story

8 ex-mutual fund directors settle SEC claims

Eight former mutual fund directors have settled federal claims that they allowed others at the firm to set values for subprime mortgage securities that were held by funds on which investors lost about $1.5 billion. Full story

NYSE program to boost liquidity of exchange-traded products

NEW YORK (Reuters) - NYSE Arca, a major U.S. market for exchange-traded products (ETPs), will launch an initiative this year to help issuers of some lightly-traded securities to boost their liquidity. Full story

Newcastle Investment Increases Offering to 35 Million Shares

The company aims to raise gross proceeds of $174 million from the issue. Full story

PIMCO Total Return Fund cut Treasury holdings in May

(Reuters) - PIMCO Total Return Fund, the world's largest bond fund, decreased its holdings of U.S. Treasuries in May by 2 percentage points to 37 percent, data from the firm's website showed on Tuesday. Full story

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Articles

FINRA to warn investors on alternative securities

DoubleLine Floating Rate Fund opens to public on July 1

Citi settles U.S. suit over $3.5 billion in mortgage securities

ECB's Liikanen urges open mind on asset-backed securities

Trade group SIFMA names ex-Senator Gregg as CEO

Judge blocks $13 million arbitration against SunTrust

Divided House passes SEC cost-benefit analysis bill

Florida court rules state time limits apply to securities arbitration

Schwab reverses ban on client class-action lawsuits

White to Republicans: SEC not writing political spending rule

Video

  Ex-Goldman Trader Matthew Taylor Arrested

CNBC's Mary Thompson has the latest details on the surrender of Matthew Taylor to FBI agents following a securities fraud probe.

  7 DB Traders Suspended Over Libor

Libor has been called the "world's most important number," since it provides the base rate off which some $500 trillion of securities are priced each year. More on the libor investigation in Europe and the U.S., with CNBC's Kayla Tausche.

  Fed Increases Policy Accommodation

The Fed will buy $40 billion in mortgage-backed securities a month, with CNBC's Steve Liesman.

  Fed Sells Remainder of Maiden Lane III Securities

The New York Fed sells the remainder of its Maiden Lane III securities, reports CNBC's Mary Thompson. The government says it has made a profit of $6.6 billion in the transaction.

  Third Point Reporting Position in Chesapeake

CNBC's Kate Kelly reports Chesapeake Energy is listed as the fourth biggest securities position in Third Point's June report.

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Related Photos

A woman cleans a table near an electronic board displaying share prices during a trading session at a securities company in Hanoi
A woman cleans a table near an electronic board displaying share prices during a trading session at a securities company in Hanoi

A woman cleans a table near an electronic board displaying share prices during a trading session at a securities company in Hanoi June 7, 2013. Vietnam's VN Index advanced nearly 1.4 percent on Friday as investors bought banking, property, fuel and foodstuff in hopes of an uptrend and foreign inflo

A broker receives a call from client during a trading session at a securities company in Hanoi
A broker receives a call from client during a trading session at a securities company in Hanoi

A broker receives a call from client during a trading session at a securities company in Hanoi June 7, 2013. Vietnam's VN Index advanced nearly 1.4 percent on Friday as investors bought banking, property, fuel and foodstuff in hopes of an uptrend and foreign inflows if plans are approved to increas

Lewis, securities industry attorney with Stark and Stark, gestures as he speaks during the Reuters Global Wealth Management Summit in New York
Lewis, securities industry attorney with Stark and Stark, gestures as he speaks during the Reuters Global Wealth Management Summit in New York

Thomas Lewis, securities industry attorney with Stark and Stark, gestures as he speaks during the Reuters Global Wealth Management Summit in New York June 3, 2013. REUTERS/Shannon Stapleton (UNITED STATES - Tags: BUSINESS)

Lewis, securities industry attorney with Stark and Stark, speaks during the Reuters Global Wealth Management Summit in New York
Lewis, securities industry attorney with Stark and Stark, speaks during the Reuters Global Wealth Management Summit in New York

Thomas Lewis, securities industry attorney with Stark and Stark, speaks during the Reuters Global Wealth Management Summit in New York June 3, 2013. REUTERS/Shannon Stapleton (UNITED STATES - Tags: BUSINESS HEADSHOT)