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Industry confronts uncertain future

As the great revenue shrink continues on Wall Street, an obvious question--one that has been pondered to no end in the industry--remains unanswered: Will the drop in revenues represents a cyclical

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Revolving SEC regulatory door at issue again

The revolving door that sends so many government lawyers to firms they once regulated has long been a problem across many industries. In the financial services industry, the issue is pressing all Read more...

Banks add ATM fee

Credit card and debit card reform has yet to fully settle upon the banking industry, but already we're seeing some interesting shifts. Although the reformers' goals were laudable, we're in something Read more...

Dodd-Frank bill to become law, so what?

The Dodd-Frank bill, like all major pieces of legislation, is tailor made for politicians. The rhetoric rains down like ticker-tape, from supporters and detractors alike. Some might call this the Read more...

Financial reform passage a certainty now

Many people were optimistic that the historic reform bill working through Congress would be signed by Independence Day. The passing of Sen. Robert Byrd made that difficult. But not to worry, with Read more...

A closer look at dark pool regulation

Last November, the SEC proposed a set of regulatory changes regarding trading in "dark pools," with an emphasis on the use of IOIs (indications of interest) as a means of passing information to Read more...

A closer look at dark pool regulation (continued)

"The rise of "pinging" Another new route likely to be taken by large investors is the use of immediate-or-cancel orders to "ping" potential counterparties. IOCs could be blindly sent to dark pools Read more...

The coming battle

It's no secret that the banking industry is a really good target right now. Populist angst, across the spectrum, is focused on it for obvious reasons. We're about to enter a new phase in the battle Read more...

Hedge funds resigned to more regulation

What else are they going to say? Alternative investment honchos seem resigned to more regulation, which is a pretty smart way to play the political climate. Fairly or not, hedge funds and private Read more...

The shakeout continues in the hedge fund industry

Hedge funds may be having a tough year, but they haven't lost as much as the broader market. Still, many are rethinking the direction of the industry and heading for the exits. The boom era may be Read more...