Bankruptcy of the commodities trading firm may include some $1.2 million missing from customers accounts. Farmers, ranchers, and agricultural businesses were cut off from the cash in their accounts when MF Global sought bankruptcy protection in October.
Under the SEC deal, which allows Citigroup to avoid admitting wrongdoing in the sale of risky assets to investors, 'the public is deprived of ever knowing the truth,’ a US judge says.
Insider trading has been a target of both the Bush and Obama administrations. The case against Rajat Gupta, a former director of both Goldman Sachs and Procter & Gamble, is part of a major crackdown on insider trading.
The controversial Dodd-Frank bill, intended to block armed groups from reaping profits from Congo's mineral mining industry, is making inroads, according to a UN Group of Experts on Congo.
Insider trading charges brought against former Goldman director Rajat Gupta. Charges stem from insider trading case that netted Raj Rajaratnam 11 years in prison.
Groupon IPO was poised to raise $25 billion a few months ago. Now, the Groupon IPO is slated for less than half that. Why the change?
A modestly higher financial transaction tax, or FTT, could discourage speculation, lead to less price volatility, and encourage long-term investment. One estimate projects such a 'sales tax' on Wall Street may raise $175 billion a year, even if it cut the total number of transactions in half.
Volcker rule: The proposed ban on banks trading for their own profit got support from the SEC. The Volcker rule is part of the Dodd-Frank financial regulation overhaul.
Volcker Rule unveiled Tuesday, but faces fierce lobbying from banks. Public has until Jan. 13 to comment on Volcker Rule.
Who went to jail for malfeasance after the 2008 financial meltdown? DCDecoder looks at who was punished, who wasn't, and why.