Regulatory Action news from FierceFinance

Is the lack of competition when it comes to trading on behalf of clients a problem? In years past, the widening spreads on stocks and other securities were a huge problem that prompted some severe... Read more...

This is where high finance meets the asphalt: Small towns that bought interest rate swaps. Lots of little cities bought in, essentially betting that interest rates would stay low or move in their... Read more...

The news that Citigroup and Merrill Lynch will reimburse individual investors burned by auction rate securities to the tune of $17 billion is certainly eye-catching. The New York Times notes that the... Read more...