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United States

Elizabeth Dilts

SEC to consider stricter shareholder-proposal rules

Dec 06 2018

WASHINGTON/NEW YORK The chairman of the U.S. Securities and Exchange Commission (SEC) said on Thursday that the regulator will consider stricter rules for submitting shareholder proposals at annual meetings, including the ownership and resubmission threshold.

Goldman Sachs likely to boost legal reserves for 1MDB: analysts

Dec 05 2018

NEW YORK Goldman Sachs Group Inc may need to boost its legal reserves by as much as $1 billion to prepare for potential penalties related to its dealings with the Malaysian sovereign wealth fund 1MDB, analysts said.

Special Report: Little known to many investors, cryptocurrency reviews are for sale

Nov 27 2018

NEW YORK When cryptocurrency issuers want positive coverage for their virtual coins, they buy it.

Merrill Lynch to pay brokers bonuses based on credits for recruiting clients

Nov 01 2018

NEW YORK Bank of America's Merrill Lynch Wealth Management said on Thursday that starting next year, it will give advisers more credit toward earning bonuses for recruiting clients worth $25 million than it will for recruiting clients who have less money.

Wall Street regulators take multiple actions against cryptocurrency firms

Sep 11 2018

NEW YORK Two Wall Street regulators on Tuesday announced a series of actions, including levying fines, against companies involved with cryptocurrencies, in a flurry of activity reflecting efforts to monitor the popular and unregulated asset class.

Wall Street regulators take multiple actions against cryptocurrency firms

Sep 11 2018

NEW YORK Two Wall Street regulators on Tuesday announced a series of actions, including levying fines, against companies involved with cryptocurrencies, in a flurry of activity reflecting efforts to monitor the popular and unregulated asset class.

Wall Street regulators take multiple actions against cryptocurrency firms

Sep 11 2018

NEW YORK, Sept 11 Two Wall Street regulators on Tuesday announced a series of actions, including levying fines, against companies involved with cryptocurrencies, in a flurry of activity reflecting efforts to monitor the popular and unregulated asset class.

Massachusetts regulator criticizes proposed U.S. brokerage rule

Aug 07 2018

A Democratic state regulator from Massachusetts on Tuesday blasted a proposed rule by U.S. financial regulators, saying it does not go far enough to protect investors from brokers who may have a conflict of interest and that if passed, the state would adopt its own rules to raise standards for brokers.

Proposed U.S. brokerage rule draws criticism from Massachusetts regulator

Aug 07 2018

NEW YORK, Aug 7 A Democratic state regulator from Massachusetts on Tuesday blasted a proposed rule by U.S. financial regulators, saying it does not go far enough to protect investors from brokers who may have a conflict of interest and that if passed, the state would adopt its own rules to raise standards for brokers.

Special Report: Biotech incubator taps investors through in-house brokerage

Aug 02 2018

By Elizabeth Dilts, Benjamin Lesser, Carl O'Donnell and Michael Erman

World News