WASHINGTON KPMG LLP has agreed to pay a $50 million fine over allegations former staffers used stolen information to alter some of the accounting firm's previous audit work and cheated on training exams, the U.S. Securities and Exchange Commission said on Monday.
WASHINGTON The head of the U.S. Federal Housing Finance Agency (FHFA) said on Thursday that Congress should create a "limited" explicit guarantee for government-sponsored enterprises Fannie Mae and Freddie Mac.
WASHINGTON, June 7 The U.S. Consumer Financial
Protection Bureau on Friday said it is once again extending the
compliance date for an ability-to-repay provision of a rule
cracking down on payday lenders.
WASHINGTON The U.S. Securities and Exchange Commission (SEC) on Wednesday voted to adopt a package of rules requiring brokerage firms to disclose potential conflicts in the fees investors pay and the commissions brokers earn when giving financial advice.
WASHINGTON, June 5 The U.S. Securities and
Exchange Commission (SEC) on Wednesday will vote to adopt a
package of rules mandating brokerage firms disclose potential
conflicts in the fees investors pay and the commission brokers
earn when giving financial advice.
WASHINGTON White House senior adviser Jared Kushner said in an interview broadcast on Sunday that the Palestinians deserve "self-determination," but stopped short of backing Palestinian statehood and expressed uncertainty over their ability to govern themselves. | Video
WASHINGTON Deutsche Bank AG and Capital One Financial Corp will not have to immediately hand over the financial records of U.S. President Donald Trump, three of his children and the Trump Organization, according to a court filing on Saturday.
WASHINGTON The U.S. Securities and Exchange Commission (SEC) filed a complaint against a real-estate developer and two affiliated firms for "siphoning and misusing investor funds" to the tune of over $91 million, the agency said in a statement on Thursday.
WASHINGTON, May 16 A former U.S. Securities and
Exchange Commission (SEC) employee has filed a lawsuit against
the regulator citing agency failures in market oversight and
wrongful termination on the grounds of "age, religion and
WASHINGTON, May 10 The top U.S. markets
regulator on Friday proposed rules aimed at improving how the
financial market accepts and supervises cross-border derivative