Billionaire activist-investor Carl Icahn gives an interview on FOX Business Network’s Neil Cavuto show in New York, U.S. on February 11, 2014. REUTERS/Brendan McDermid/File Photo U.S. chief executives, already wrestling with a steady flow of activist investors... More »
WASHINGTON The Labor Department secretary tried to drum up support from skeptical Republicans on Wednesday for a controversial plan to rein in conflicts by brokers who offer retirement advice, saying he believes consensus for new regulations is growing. In a h... More »
WASHINGTON David Grim, a 20-year veteran at the U.S. Securities and Exchange Commission, was tapped on Friday to serve as the head of the unit tasked with regulated asset managers, the agency said. SEC Chair Mary Jo White unveiled the decision during an appear... More »
NEW YORK (Reuters) – The U.S. Securities and Exchange Commission is convening a group of financial industry veterans for the first time next month to consider stock market reforms, but one group will be conspicuously absent: retail brokerages. The SEC’s 17-mem... More »
