James Cox News
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Mary Jo White, the first former prosecutor to serve as chairman of the U.S. Securities and Exchange Commission, has pledged to run a “bold and unrelenting” enforcement program at the agency charged with regulating Wall Street.
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Carol Patterson was waiting for a call from her doctor. When the phone rang on that afternoon in August 2011 at her home in Cortland, Ohio, it wasn’t a physician on the other end. A woman named Robin said she was representing the American Diabetes Association.
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European natural gas prices will rise most on cold, still days in future as the fuel becomes the preferred backup for intermittent wind power toward 2030, according to Poyry Oyj.
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The Securities and Exchange Commission spent 21 years seeking a system to monitor America’s largest stock traders. It took a 20-minute market plunge to convince the securities industry it was a good idea.
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Apple Inc. may already have told investors all it needs to about Steve Jobs ’s health problems in its statement yesterday that he was granted a leave of absence, according to three securities law experts.
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Uruguay, South America’s third- cleanest country in terms of carbon emissions, plans to develop as many wind farms as its electricity grid can support to diversify energy supplies beyond fossil fuel and hydropower.
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American International Group Inc. opted against joining its former chief executive officer in a lawsuit against the U.S. after lawmakers said the case was an insult to taxpayers who bailed out the insurer.
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U.S. Securities and Exchange Commission investigators may issue a public rebuke of Lehman Brothers Holdings Inc. and its former executives instead of suing them for actions that led to the firm’s 2008 failure, three people with direct knowledge of the matter said.
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The U.S. Securities and Exchange Commission told SAC Capital Advisors LP that it is considering suing the $14 billion hedge fund run by Steven Cohen for fraud involving alleged insider trading by a former portfolio manager who was arrested last week, according to three people with knowledge of the matter.
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SAC Capital Advisors LP is seeking to calm investor concern about founder Steven A. Cohen’s trading in two drug stocks and possible regulatory sanctions after prosecutors for the first time tied Cohen to a specific transaction at the center of an insider-trading investigation.
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