Find Laws Find Lawyers Free Legal Forms USA State Laws

Finance News Headlines

June 7, 2013

SEC Freezes Assets of Thailand Trader for Insider Trading Ahead of Smithfield Foods Acquisition Announcement

SEC Freezes Assets of Thailand Trader for Insider Trading Ahead of Smithfield Foods Acquisition Announcement

The Securities and Exchange Commission announced an emergency court order to freeze the securities and assets of a trader in Bangkok, Thailand, who made in excess of $3 million by trading in advance of last week’s announcement that Smithfield Foods agreed to a multi-billion dollar purchase by the Chinese holding company,  Shuanghui ...

June 7, 2013

SEC Proposes Money Market Fund Reforms

SEC Proposes Money Market Fund Reforms

The United States Securities and Exchange Commission unanimously agreed to propose new regulations that would alter the way that money market funds operate in order to make them less volatile and susceptible to fluctuations that would ultimately harm investors.  The rules proposed by the federal agency include two principal reforms ...

June 7, 2013

SEC Warns Investors Regarding Binary Options and Charges Cyprus Company

SEC Warns Investors Regarding Binary Options and Charges Cyprus Company

The Securities and Exchange Commission cautioned investors about the dangers of participating in binary options and has charged a Cyprus-based business with selling them illegally to investors in the United States. Binary options are securities whose payout is dependent on whether the underlying asset rises or declines in value ...

June 5, 2013

Chrysler Refuses to Initiate Jeep Recall

Chrysler Refuses to Initiate Jeep Recall

  In a rare refusal of the United States government, the Chrysler Group is rebuffing a National Highway Traffic Safety Administration request to recall 2.7 million sport utility vehicles.    The federal agency claims that the gas tank design utilized in 1993 to 2004 Jeep Grand Cherokees and Jeep Libertys from ...

June 4, 2013

Experiment Time: The New Massachusetts Health Care Situation

Experiment Time: The New Massachusetts Health Care Situation

  The fervent debate has lost most of its steam as the United States Supreme Court has rejected the premiere legal challenge and November’s presidential election snuffer out the opposition’s hopes for a late reversal. Come the New Year, every American in the country, will be required to carry health insurance or a pay ...

June 3, 2013

SEC Comes Down on 61 Companies for Committing Fraud in the Over-the-Counter Market

SEC Comes Down on 61 Companies for Committing Fraud in the Over-the-Counter Market

The SEC today announced the second-largest trading suspension in U.S. history as the agency continues to conduct its “Operation Shell Expel” crackdown to thwart the manipulation of small or microcap shell companies that are susceptible to fraud as they lay stagnant in the over-the-counter market.    The agency ...

June 3, 2013

SEC Charges Prominent Company for Accounting Mishaps

SEC Charges Prominent Company for Accounting Mishaps

The SEC today charged a Washington-based commercial truck manufacturer for a number of accounting deficiencies that clouded the company’s financial reporting to investors during the financial crisis. The SEC alleges that PACCAR’s accounting controls included ineffective policies and procedures that kept the business from ...

May 30, 2013

On the Brink: Federal Disability Trust Fund Disappearing Quickly

On the Brink: Federal Disability Trust Fund Disappearing Quickly

  Roughly 11 million Americans depend on federal disability payments; however, the system is on the verge of running out of money.    According to a government report, the Social Security Disability Insurance program is expected to run out of money in its trust fund sometime in 2016, years before both the Social ...

May 30, 2013

Rising Rapidly: Mortgage Rates are Highest in a Year

Rising Rapidly: Mortgage Rates are Highest in a Year

  Mortgage rates in the U.S. have hit their highest level in more than a year, making homes more expensive for purchases who seek to finance their new abodes.  The rates on 30-year-fixed mortgages jumped nearly .25 percent to 3.81 percent this week, according to mortgage lending giant Freddie Mac. This is an increase of ...

May 29, 2013

SEC Charges French Oil Company for Making Illegal Payments to Iranian Official

  The S.E.C. charged Total S.A.—a France-based oil and gas company—with violating the Foreign Corrupt practices Act by paying more than $60 million in illegal payments to an intermediary of an Iranian official who then utilized his influence to help the company procure valuable contracts to develop substantial gas and ...

Most Popular News

Guide To Finding Attorneys

Guide to Finding Immigration Lawyer Guide to Finding Immigration Lawyer
US Immigration Lawyer       US immigration lawyers specialize in representing and guiding non-citizens to stay in the United States or to ultimately become citizens of the United States.
Guide to Finding Divorce Lawyer Guide to Finding Divorce Lawyer
Filing For Divorce, Child Support, Child Custody and Alimony.
Guide to Finding Real Estate Lawyer Guide to Finding Real Estate Lawyer
Commercial Real Estate LawyerA commercial real estate lawyer specializes in representing clients who own or are looking to purchase commercial properties.
Guide to Finding Business Lawyer Guide to Finding Business Lawyer
How do I find a Business Lawyer?Business lawyers are essential for commercial enterprises to ensure that they remain knowledgeable of the laws regulating their business and protecting their assets from liability.
Guide to Finding Accident Lawyer Guide to Finding Accident Lawyer
How do I find Accidents Lawyer?Accidents come in all shapes and sizes but the unfortunate result from most of them are serious injuries.
Tips