Congressional Activity

Congress may wish to authorize a new financial regulator to oversee systemic risk but it won't act with haste. "We've got to take our time. ...

As if the current financial picture didn't look bleak enough, the road ahead for baby boomers may be paved with poverty.That was one message emerging ...

The man who spent nearly a decade tipping off the SEC to his belief that Bernie Madoff ran the world's largest Ponzi scheme surfaced last ...

New SEC Chairman Mary Schapiro favors the registration of hedge funds, wishes to bring CDOs and other such securities under the giant regulatory tent, supports ...

One senator characterized the "calamitous failure" to detect Bernard Madoff's alleged Ponzi scheme as the "darkest" chapter in the country's regulation of the financial services ...

One senator characterized the “calamitous failure” to detect Bernard Madoff’s alleged Ponzi scheme as the “darkest” chapter in the country’s regulation of the financial services ...

FINRA CEO - and SEC Chairman nominee - Mary Schapiro talked with SEC Chairman Christopher Cox last August about her growing concerns that many in ...

One of the first things FINRA CEO Mary Schapiro would do if confirmed as the next chairman at the SEC is to “take the handcuffs ...

This is the 1996 law passed by Congress called the National Securities Markets Improvement Act or NSMIA.