SEC blasts Wells Fargo for vague language
Footnoted.org notes the SEC's recent reprimand of Wells Fargo for vague language in a recent financial filing. Some statements were so vague that they were next to meaningless, according to the
A muddled, unsatisfying end to the GSE saga?
So are Fannie Mae and Freddie Mac victims or perpetrators of the one of the great financial frauds in recent memory? Judging from the spate of regulatory activity, the only conclusion is that they
SimCorp Evaluates Strategic Considerations for Selecting the Optimal IT Platform for Regulatory Compliance
TowerGroup offers expert commentary in the latest SimCorp Journal on IT evaluationNew legislation will have vast repercussions for financial IT infrastructuresNEW YORK--(BUSINESS WIRE)-- SimCorp, a
Hedge funds play the reform game with savvy
There are two ways to deal with an onslaught of regulatory activity when you know the cards are stacked against you. You can get extremely combative, or you can take the conciliatory route. The hedge
Will regulators lower the boom on hedge funds?
Hedge funds were once the poster boys for bad financial behavior, but as the TARP drama unfolds we have heard less about them. Still, the issues regarding funds have not gone away. Jim Cramer has
Profiting from the credit crisis
Does it ever seem that the financial services world is one big insiders game, even when it comes to regulatory activity? Here's how Business Week puts it: "Some of the finance outfits being tapped by
Banks vulnerable over auction rate securities mess
We've noted often that prosecutions and regulatory activity follow scandals. The New York Times highlights an area that many have identified as rife with conflicts: the auction rate securities
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