Skip navigation

Judge blocks $13 million arbitration against SunTrust

NEW YORK (Reuters) - SunTrust Banks Inc <STI.N> won a court order on Friday preventing a Connecticut-based hedge fund from moving forward with a $13 million arbitration over mortgage-backed securities. Full story

Divided House passes SEC cost-benefit analysis bill

WASHINGTON (Reuters) - A divided House of Representatives on Friday passed a Republican-sponsored bill that would force federal securities regulators to conduct more economic analysis before adopting rules for Wall Street. Full story

Florida court rules state time limits apply to securities arbitration

(Reuters) - Florida's statute of limitations can apply not only to court proceedings, but to securities arbitration cases between investors and their brokers, the Florida Supreme Court ruled Thursday. Full story

Schwab reverses ban on client class-action lawsuits

(Reuters) - Charles Schwab Corp <SCHW.N> has temporarily reversed its requirement that clients waive their right to bring class-action lawsuits, adding a new twist in a battle closely watched by the securities industry and plaintiffs' attorneys. Full story

White to Republicans: SEC not writing political spending rule

WASHINGTON (Reuters) - Despite a major push by liberal groups, federal securities regulators are not currently drafting a rule to require public companies to disclose their political spending, Securities and Exchange Commission Chair Mary Jo White told lawmakers on Thursday. Full story

INTL FCStone strikes deal with Cleartrade

Commodity risk management firm and securities broker INTL FCStone Inc. said Tuesday that it has reached a deal to acquire majority ownership of Cleartrade Exchange over a five-year period. Full story

Sponsored Links

Articles

Hedge fund boss gets 6 1/2 years in insider case

PIMCO Total Return Fund's Treasuries holdings jump to 39 pct

Judge blocks auction rate arbitration against Citigroup

SEC charges Pennsylvania's capital city with fraud

Assured says to be paid $358 million as it settles UBS suit

Flagstar to pay $110 million to settle MBIA mortgage lawsuit

Text of the Federal Reserve's statement Wednesday

Lawmakers urge SEC to bar forced Wall Street arbitration

Institutional business drives Morgan Stanley to $958 million profit

Chesapeake Energy wins dismissal of shareholder lawsuit

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.

advertisement | ad info

Related Photos

A courtroom sketch shows securities research analyst John Kinnucan as he is sentenced for insider-trading in New York
Australian Securities and Investments Commission Chairman Medcraft speaks during the Asian Financial Forum in Hong Kong
Australian Securities and Investments Commission Chairman Medcraft speaks during the Asian Financial Forum in Hong Kong

Australian Securities and Investments Commission Chairman Greg Medcraft speaks during the Asian Financial Forum in Hong Kong January 14, 2013. REUTERS/Bobby Yip (CHINA - Tags: BUSINESS POLITICS)