Arthur Levitt News
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Arthur Levitt, former chairman of the U.S. Securities and Exchange Commission, interviews Anat Admati, a professor at Stanford University and coauthor of "The Bankers' New Clothes: What's Wrong With Banking and What to Do About it." They spoke on Bloomberg Radio's "A Closer Look With Arthur Levitt."
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Turkey’s government submitted a bill to parliament offering an amnesty for repatriation of assets held by Turks abroad.
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Ralph Lauren Corp., the retailer of its namesake brand clothing, will pay about $1.6 million to resolve U.S. regulatory and criminal claims that a subsidiary paid bribes to officials in Argentina from 2005 to 2009.
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HSBC Holdings Plc’s Swiss private bank was an “open door” for money laundering and terrorist finance because managers failed to exercise controls, said Herve Falciani, a former software technician accused of stealing data.
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Mary Schapiro, the former chairman of the Securities and Exchange Commission, must take us for fools.
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JPMorgan Chase & Co. investors risk shortening Jamie Dimon’s tenure as chief executive officer if they appoint a separate chairman to help lead the bank, according to Charles Peabody, an analyst at Portales Partners.
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Mary Schapiro’s decision to join Promontory Financial Group LLC after running the U.S. Securities and Exchange Commission amplifies the firm’s competitive advantage as an employer of former regulators.
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The U.S. Securities and Exchange Commission will force state and local government bond underwriters to disclose more information about donations to election campaigns supporting new debt sales.
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The U.S. government will prevail in its lawsuit accusing McGraw-Hill Cos. and its Standard & Poor’s unit of fraud, former Securities and Exchange Commission Chairman Arthur Levitt said.
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Fund managers are facing a push by European Parliament to limit their bonuses, hours after Britain failed to water down planned EU banker-pay rules that are set to take effect from 2015.
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