At least three U.S. regulators will meet on Dec. 10 to adopt the final version of the Volcker rule banning banks from making speculative bets with their own money, according to three people familiar with the planning.
The Securities and Exchange Commission asked Morgan Stanley about “multiple significant deficiencies” in its financial reporting after the firm corrected accounting errors involving loan cash flows, income taxes and derivatives contracts.
Historians may look back at Typhoon Haiyan as a turning point in disaster journalism and the politics of climate change. For the first time, an extreme- weather catastrophe in the tropics has shrugged off its “made in Asia” label and gone global.
Tanzania plans to obtain a credit rating by the end of this year, after repeated delays, before raising $750 million in a debut Eurobond sale in 2014, Finance Ministry Permanent Secretary Servacius Likwelile said.
South Korea may lift a ban on the use of an animal feed additive in meat early next year, a move that could lead to the resumption of some U.S. beef imports suspended last month, the Wall Street Journal reported.
Inez Tenenbaum, the chairman of the U.S. Consumer Product Safety Commission since 2009, is joining Nelson Mullins Riley & Scarborough LLP on Dec. 1. She will work with the law firm’s product safety, risk prevention and regulatory practice group.