Financial Regulation

What Investors Might Have Missed in the Stock Markets This Week

Stop me if you've heard this before: another dying retailer and another exaggerated promise. Just another week in the stock market.<p>The broader media …

Stocks

Trump and Wynne moving against the tide

YAOUNDE, Cameroon – U.S. President Donald Trump and Premier Kathleen Wynne have more in common than you think. As the world moves towards greater …

Canadian News

Level Global's Ganek Fights to Keep Suit Alive Against U.S. - Bloomberg

Hedge-fund executive David Ganek battled to keep his lawsuit against U.S. prosecutors alive Friday, arguing in New York federal appeals court that …

Preet Bharara

Hampton Creek CEO Says Feds End Inquiries Into Mayo Buybacks - Bloomberg

The U.S. has closed inquiries into Hampton Creek Inc.’s practices of buying back its own products from stores, Chief Executive Officer Josh Tetrick …

21st Century

Heed these three lessons, millennial Snap investors

These are intriguing times for impressionable young investors.<p>The Dow’s cresting 20,000 for the first time in January before making a 24-day climb to 21,000 — the fastest 1,000-point climb since 1999 — coupled with this month’s $3.4-billion initial public offering for Snap Inc., parent company of …

Stocks

Are Regulations Bad For Business? Oil Execs Say Trump’s Policies Won’t Lead To Much Change

For all their efforts to fight government regulation often intended to stymie pollution and climate change, oil and gas firms likely wouldn’t see a …

Environment

Bond Quotes and Performance Art

<b>Some bond market liquidity.</b><p>In 2015, the Public Sector Pension Investment Board of Canada sued Boaz Weinstein's hedge fund, Saba Capital Management, claiming that it dishonestly mis-marked some bonds in order to underpay the board on a redemption request. The lawsuit was not especially compelling …

Wall Street

Why Wasn't Insys Therapeutics' Bounce Bigger?

Insys Therapeutics' stock rose on good news -- but not tremendously so.<p><b>Insys Therapeutics</b> (NASDAQ:INSY) finally got the news it has been waiting on …

Investing

Trump SEC pick assures that his Wall St. work not problem

WASHINGTON (AP) — President Donald Trump's nominee to lead the Securities and Exchange Commission, attorney Jay Clayton, sought to assure lawmakers that he'll show no favoritism and act only in the public interest, as his Wall Street connections were scrutinized at his Senate confirmation hearing …

Wall Street

Alteryx Announces Pricing of Initial Public Offering

IRVINE, Calif.--(BUSINESS WIRE)--$AYX #AYX--Alteryx, Inc. (NYSE: AYX), a leading provider of self-service data analytics software, today announced …

IPOs

The revolving door always spins for Goldman Sachs — by design

Treasury Secretary Steven Mnuchin is one of many Goldman Sachs alums President Trump has tapped for administration posts. (Rex Features via AP Images)<p>…

Government

SEC charges two Israeli residents with Mobileye insider trading

NEW YORK (Reuters) - Two Israeli residents have been charged by the U.S. Securities and Exchange Commission with insider trading in Mobileye NV before the maker of sensors and cameras for driverless vehicles agreed to be acquired by Intel Corp for $15.3 billion.<p>According to a complaint filed on …

21st Century

Dems take aim at Wall Street lawyer before he oversees Wall Street

Of all the many Goldman Sachs veterans Donald Trump has tapped for key posts in his administration, perhaps the toughest to defend is Jay Clayton, …

Wall Street

As Trump targets energy rules, oil companies downplay their impact

<b>By Richard Valdmanis | BOSTON</b><p>President Donald Trump’s White House has said his plans to slash environmental regulations will trigger a new energy …

Oil

Shareholder Proxies Could Be the New Regulators

Are you an investor who usually junks the voluminous corporate proxy statements that arrive each spring, declining to take part in director elections and other governance matters because you think your vote won’t count?<p>If so, you are not alone. With millions of shares outstanding at large …

21st Century

SEC Nominee's Distorted Reality - Bloomberg Gadfly

The leading candidate to become Wall Street’s next top cop has a strange view of U.S. markets.<p>Jay Clayton, a prominent banking lawyer, has been …

Wall Street

Cnooc Rises as Crude Reserves Reveal Boosts Investor Appeal - Bloomberg

Cnooc Ltd.’s wider disclosure about its reserve base and a higher-than-expected dividend is turning more analysts positive on the company. Shares …

Business

ECB Officials Press for Global Financial Rules

President Donald Trump’s skepticism toward financial regulation has raised questions about America’s commitment to international rules.<p>To read the full story, Join Now or Sign In<p>Members Only<p>This is the kind of news coverage and analysis you can access exclusively as a WSJ Pro Member.

Banking

Sen. Warren Sees Clayton Recusals as an SEC Concern

Jay Clayton, nominee to lead the Securities and Exchange Commission, faces questions from Massachusetts Democratic Senator Elizabeth Warren about …

Wall Street

Sen. Menendez Says Clayton Must Be Cop on the Beat at SEC

Sen. Robert Menendez, a member of the Senate Banking Committee and a Democrat from New Jersey, discusses his concerns with the nomination of Wall …

Wall Street

Wall Street to G.O.P.: Just Get the Damn Thing Over With Already

Goldman Sachs is tired of waiting for tax cuts.<p>It appears that Wall Street may have miscalculated when it pinned its hopes and dreams on <b>Donald Trump</b>, the flagrant orange wild card whose promises to deliver “big league” “phenomenal” tax reform have fueled the post-election market rally. The …

Wall Street

Best photographs of the day: artifical sun and spring celebrations

The Guardian’s picture editors bring you a selection of photo highlights from around the world

Regulation

It Ain't Looking Good for Sears and Kmart

Sears, the hardware store at the dustiest corner of a nearly-abandoned mall that for some reason sells panties, is currently knocking on retail …

Markets

Harvard's Scott Says U.S. Has Latitude on Bank Reforms

Hal Scott, Harvard Law School professor and president of Committee on Capital Markets Regulation, discusses the Trump administration's approach to …

Banking

Fifth Street Supports Two Mergers by GTCR, Onvoy and Inteliquent, as well as LiquidPoint and Dash

GREENWICH, CT, March 22, 2017 (GLOBE NEWSWIRE) -- Fifth Street Asset Management Inc. (NASDAQ:FSAM) announced today that its affiliate, Fifth Street …

Wall Street

Acting SEC chair plans test to lower exchange fees

WASHINGTON (Reuters) - The acting head of the U.S. Securities and Exchange Commission has directed the regulator to launch a pilot plan that would test how the market would be affected if exchanges lowered the fees they charge brokers to execute trades.<p>Michael Piwowar, who is acting chairman while …

21st Century

Investors take a breath; Takeover talk; Watching the Fed

<b>London (CNN) —</b> <b>1. Investors take a breath:</b> It's rare to see so much stillness in global markets.<p>Major indexes around the world are holding steady after taking sizable tumbles on Tuesday and Wednesday.<p>U.S. stock futures were not making any big moves.<p>European markets were mostly flat in early trading. …

Markets

France hopes Parisian charm can lure more than HSBC

• Brexit<p>French lobbyists are promising a business-minded president, more relaxed regulation and a new income-friendly regime<p>In Defense: more relaxed …

Banking

Sanders: Block Trump's SEC pick

Sanders said Jay Clayton, a partner at law firm Sullivan & Cromwell, was “the embodiment of the greed that nearly destroyed the economy” and unfit to …

Bernie Sanders

SEC suspends 84 illegal lenders

In support of Pres. Rodrigo Duterte’s crackdown against usurious lending, the Securities and Exchange Commission has suspended the license of 84 …

Philippines