Wednesday, June 15, 2011
U.S. Senator Vitter to Block SEC Nominees 06/14/2011 5:27:57 PM ET EDITOR'S NOTE: This story has been updated throughout. WASHINGTON (Reuters)輸 U.S. senator plans to temporarily block the confirmation of two Securities and Exchange Commission nominees until the agency gives clarity on whether Allen Stanford's alleged victims will get compensation.
Watchdog Sets Inspections For Broker Auditors 06/14/2011 5:16:06 PM ET NEW YORK (Reuters)輸uditors of hundreds of U.S. broker-dealers will be subject to government inspections starting later this year under temporary rules approved by an auditor watchdog group on Tuesday [June 14].
Sino-Forest Review Will Take Months, Shares Dive 06/14/2011 4:27:21 PM ET EDITOR'S NOTE: This story has been updated throughout. TORONTO (Reuters)祐ino-Forest said on Tuesday [June 14] it will take up to three months to debunk fraud allegations leveled by short-seller Muddy Waters, rattling investors and sending its shares down more than 12 percent.
Jiau Trial: Several People Tipped Barai Fund 06/14/2011 3:56:40 PM ET NEW YORK (Reuters)輸bout eight people besides a Taiwan-born technology consultant who is on trial for insider trading provided stock tips to Barai Capital Management, a former employee of the hedge fund testified on Tuesday [June 14]. The names of other consultants or employees of semiconductor companies came out in cross-examination of a witness testifying against Winifred Jiau, the only person to go to trial so far in the so-called expert network branch of a U.
Regulators Move to Delay Swaps Crackdown, Bolster Banks 06/14/2011 3:09:41 PM ET WASHINGTON (Reuters)誘.S. regulators threw a temporary bridge across the increasingly awkward gap between the idea of regulating the $600-trillion swaps market and the reality of actually doing it.
Sarkozy Demands Crackdown on Commodity Speculators 06/14/2011 3:03:09 PM ET BRUSSELS (Reuters)友rench President Nicolas Sarkozy called for tighter controls on the speculators he blames for spiraling food and energy prices, spelling out reforms to put more trading under the thumb of regulators. Mr.
GM's OnStar Calls For More Testing of LightSquared 06/14/2011 1:08:37 PM ET DETROIT (Reuters)宥eneral Motors Co.'s OnStar unit has asked U.S. regulators to further review whether technology from upstart wireless telecommunications company LightSquared could interfere with some uses of global positioning systems.'>Headlines for: June 15, 2011
Carlyle Buys Stake in Emerging Sovereign Group 06/14/2011 5:36:24 PM ET EDITOR'S NOTE: This story has been updated throughout. NEW YORK (Reuters)佑arlyle Group said on Tuesday [June 14] it is buying a 55 percent stake in emerging markets investment manager Emerging Sovereign Group, as it continues to expand its reach from pure private equity.
U.S. Senator Vitter to Block SEC Nominees 06/14/2011 5:27:57 PM ET EDITOR'S NOTE: This story has been updated throughout. WASHINGTON (Reuters)輸 U.S. senator plans to temporarily block the confirmation of two Securities and Exchange Commission nominees until the agency gives clarity on whether Allen Stanford's alleged victims will get compensation.
Watchdog Sets Inspections For Broker Auditors 06/14/2011 5:16:06 PM ET NEW YORK (Reuters)輸uditors of hundreds of U.S. broker-dealers will be subject to government inspections starting later this year under temporary rules approved by an auditor watchdog group on Tuesday [June 14].
Sino-Forest Review Will Take Months, Shares Dive 06/14/2011 4:27:21 PM ET EDITOR'S NOTE: This story has been updated throughout. TORONTO (Reuters)祐ino-Forest said on Tuesday [June 14] it will take up to three months to debunk fraud allegations leveled by short-seller Muddy Waters, rattling investors and sending its shares down more than 12 percent.
Jiau Trial: Several People Tipped Barai Fund 06/14/2011 3:56:40 PM ET NEW YORK (Reuters)輸bout eight people besides a Taiwan-born technology consultant who is on trial for insider trading provided stock tips to Barai Capital Management, a former employee of the hedge fund testified on Tuesday [June 14]. The names of other consultants or employees of semiconductor companies came out in cross-examination of a witness testifying against Winifred Jiau, the only person to go to trial so far in the so-called expert network branch of a U.
Regulators Move to Delay Swaps Crackdown, Bolster Banks 06/14/2011 3:09:41 PM ET WASHINGTON (Reuters)誘.S. regulators threw a temporary bridge across the increasingly awkward gap between the idea of regulating the $600-trillion swaps market and the reality of actually doing it.
Sarkozy Demands Crackdown on Commodity Speculators 06/14/2011 3:03:09 PM ET BRUSSELS (Reuters)友rench President Nicolas Sarkozy called for tighter controls on the speculators he blames for spiraling food and energy prices, spelling out reforms to put more trading under the thumb of regulators. Mr.
GM's OnStar Calls For More Testing of LightSquared 06/14/2011 1:08:37 PM ET DETROIT (Reuters)宥eneral Motors Co.'s OnStar unit has asked U.S. regulators to further review whether technology from upstart wireless telecommunications company LightSquared could interfere with some uses of global positioning systems.
