Mary Schapiro

'Don't mess with Mary Jo': Obama on SEC pick

2013-01-24T20:40:09Z

President Barack Obama Thursday named high powered New York prosecutor and organized crime buster Mary Jo White to lead the Securities and Exchange Commission to implement his Wall Street reforms.

Veteran US prosecutor to head SEC

2013-01-24T14:16:07Z

The White House will nominate on Thursday veteran New York prosecutor Mary Jo White to lead the Securities Exchange Commission, a White House official said.

US SEC chief Schapiro to step down

2012-11-26T21:11:40Z

US Securities and Exchange Commission chief Mary Schapiro announced Monday that she will step down, nearly four years after taking charge of the key markets regulator in the middle of the financial crisis.

Watchdogs look to tighten rules on US bond market

2012-07-31T18:01:50Z

US regulators on Tuesday proposed tighter reins for the $3.7 trillion municipal bond market, in what could spell the biggest-ever overhaul for the trade.

US regulators tell lawmakers of JPMorgan probes

2012-05-22T23:16:30Z

Two US market regulators confirmed Tuesday they were investigating JPMorgan Chase's $2 billion-plus trading loss in derivatives.

Analysis: Critics question cost as consultants nip and tuck SEC

2012-02-29T21:34:27Z

WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission is spending millions of dollars on consultants to streamline the agency, but SEC insiders and at least one lawmaker are questioning whether the SEC is getting its money's worth.

Ex-SEC top lawyer settles with Madoff trustee

2012-02-27T23:00:20Z

(Reuters) - A former general counsel at the U.S. Securities and Exchange Commission has settled a lawsuit accusing him and two brothers of receiving money derived improperly from Bernard Madoff's Ponzi scheme.

Aimed at banks, Volcker Rule hits unlikely targets

2012-02-22T12:01:22Z

(Reuters) - Some public agencies that rely on the municipal bond market for financing fear that a landmark financial reform rule will cripple their ability to sell bonds and make it more expensive to raise money for crucial services.

Obama proposes large budget boosts for SEC, CFTC

2012-02-13T19:18:56Z

WASHINGTON (Reuters) - The White House on Monday proposed big budget boosts for U.S. financial market regulators, which are months behind in finalizing Dodd-Frank reforms and are under pressure to more vigorously police markets in the wake of the 2007-2009 financial crisis.

Senator urges lobbying against money market reform

2012-02-08T15:38:05Z

WASHINGTON (Reuters) - Senator Pat Toomey is urging businesses to push back against efforts by U.S. securities regulators to impose new rules on the money market fund industry, which he says could "wipe out" the products.

Insight: SEC tightens leash on exchanges post "flash crash"

2012-01-12T19:50:51Z

NEW YORK/WASHINGTON (Reuters) - The May 2010 "flash crash" was bad for almost everyone involved in the stock market, but for the Securities and Exchange Commission, it was a disaster.

SEC appeals Citigroup settlement

2011-12-15T22:11:10Z

The US Securities and Exchange Commission on Thursday appealed a court ruling which had blocked a deal to fine Citigroup $285 million on the grounds the regulator had let the bank off too lightly.

Corzine can't explain missing MF Global funds

2011-12-09T00:32:14Z

Former Wall Street high-flyer and Democratic politician Jon Corzine told US lawmakers Thursday he did not know what happened to an estimated $1.2 billion that disappeared from the accounts of now-bankrupt broker MF Global.

MF Global's Corzine: I did not intend to break rules

2011-12-08T20:12:40Z

WASHINGTON (Reuters) - Jon Corzine said he "never intended to break any rules" while he was chief of MF Global and that he doesn't know what happened to the hundreds of millions of dollars in missing customer money.

Corzine says clueless about missing MF Global money

2011-12-08T18:42:52Z

WASHINGTON (Reuters) - Former MF Global chief Jon Corzine apologized to those harmed by the brokerage firm's collapse, but said he didn't directly manage customer funds and doesn't know where the missing money is.

Corzine sorry, puzzled by missing MF Global money

2011-12-08T15:10:44Z

WASHINGTON (Reuters) - Former MF Global chief Jon Corzine apologized to customers, employees and investors who have suffered because of the brokerage firm's collapse, but said he does not know where missing customer money is.

Corzine sorry, puzzled by missing MF Global money

2011-12-08T14:15:01Z

Obama seeks stronger penalties for Wall St fraud

2011-12-06T20:31:49Z

OSAWATOMIE, Kansas (Reuters) - President Barack Obama said on Tuesday he would call for legislation to strengthen penalties against Wall Street companies that break anti-fraud rules.

Analysis: MF Global proves Enron-era accounting lives on

2011-12-02T20:25:29Z

(Reuters) - The off-balance-sheet accounting methods that Enron and Lehman Brothers made famous in their epic failures years ago have a modern-day poster child: MF Global .

Insight: Tables turned as SEC watchdog comes under attack

2011-12-02T14:37:44Z

WASHINGTON (Reuters) - David Kotz, the top watchdog of the Securities and Exchange Commission, is facing mounting criticism over some of the investigative techniques that have won him plaudits on Capitol Hill.