Mary Schapiro

WASHINGTON – President Obama will nominate Mary Jo White, a former prosecutor and one-time director of the Nasdaq stock exchange, to lead the Securities and Exchange Commission, a White House official said Thursday.   Obama plans to make the...

WASHINGTON -- In the early days of the Obama administration, I sat in a Capitol Hill hearing room and listened to Harry Markopolos, the whistle-blower in the Bernie Madoff scandal, bemoan the toothless Securities and Exchange Commission. The SEC,...

WASHINGTON -- Mary Schapiro said Monday she will step down as chairwoman of the Securities and Exchange Commission next month. Schapiro, who has headed the Wall Street watchdog since 2009, had been widely expected to depart the commission after the...

The Securities and Exchange Commission has won a partial victory in a prominent case arising from the global financial crisis. A federal jury found Monday that Reserve Management Co., the investment firm running the Reserve Primary Fund money-market...

UPDATE: In full ruling, SEC wins partial victory:  The federal government has lost another high-profile case resulting from the global financial crisis. A federal jury Monday cleared the managers of the Reserve Fund money-market fund of civil fraud...

You can receive big bucks and feel good about yourself to by reporting financial fraud. This whistle blower program awards 30 percent of the amount recouped once the Securities and Exchange Commission undertakes an enforcement action against the bad...

FORTUNE -- Here's another example of how on Wall Street for the big banks it's heads they win, tails they win. Even as Facebook's shares dropped, causing losses for regular investors, Morgan and other underwriters of the company's IPO likely racked up...

Battle lines are being drawn over whether money market funds need more protection in the event of another financial crisis. Maryland investment firms and the state treasurer are on one side of the fight; the SEC chairman is on the other. Baltimore's T....

NEW YORK/LONDON (Reuters) - JPMorgan Chase & Co lost $15 billion in market value and a notch in its credit ratings on Friday while a chorus of regulators and politicians reacted to its surprise $2 billion trading loss by demanding stiffer oversight for...

Anyone who says you can get rich through gambling is a fool or a knave. Multiply the size of the prize by your chance of winning it and you'll always get a number far lower than what you put into the pot. The only sure winners are the organizers -- casino...

 WASHINGTON (AP) — The top Democrat and Republican on a key Senate panel say Congress should look deeply into what led to the collapse of MF Global, a trading firm run by one of their former colleagues.    Sen. Debbie Stabenow, the chairman of the...