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By Arthur D. Postal |
December 1, 2011
Rep. Barney Frank, D-Mass., today defended the Dodd-Frank Act, and said it is unlikely it will be reversed by Republicans. He also said he would oppose creation of a self-regulatory agency for financial advisors.
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By Chris Kahn and Daniel Wagner |
October 31, 2011
MF Global Holdings Ltd., the securities firm run by former New Jersey Governor and Goldman Sachs head Jon Corzine, is seeking bankruptcy protection one week after reporting its biggest-ever quarterly loss.
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By Arthur D. Postal |
October 11, 2011
As the Financial Stability Oversight Council re-proposes the criteria it will use to determine whether an insurer is systemically important enough to merit additional federal regulation, an uneasy industry prepares for the worst.