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Stories with organization: U.S. Securities and Exchange Commission
  • Banks reach $154.3 million settlement on "dark pool" fraud 
    Updated: Feb-01-16 8:07 am

    WASHINGTON - Two major global banks, Barclays and Credit Suisse, are paying a combined $154.3 million to settle government investigations that they misled clients about being able to safely trade on their "dark pool" financial exchanges, the Securities and Exchange Commission and the New York Attorney General's office said Sunday.

  • Ex-Fannie Mae boss's lawyer: SEC lacks civil fraud evidence 
    Updated: Jan-27-16 5:50 pm

    NEW YORK - A former Fannie Mae top executive didn't mislead investors about the mortgage giant's exposure to subprime mortgages just before the housing bubble burst and should not face a civil trial in Manhattan, his lawyer said Wednesday.

  • Mining execs get bonuses despite layoffs 
    Updated: Jan-16-16 1:57 pm

    BILLINGS, Montana - Stillwater Mining Co. has approved equity bonuses for top executives less than five months after laying off workers to cut costs.

  • SEC visa fraud case rocks Florida city's downtown dream story has photos
    Updated: Jan-15-16 4:44 am

    PORT ST. LUCIE, Florida - Port St. Lucie, a disparate series of residential developments and strip malls, had little to boast beyond its proximity to a nuclear plant and its fame as the spring training home of the New York Mets. Then Lily Zhong came to town, plunked down $500,000 for vacant land and promised to finally build a real downtown.