regulators
Proposed rules seek to bar some rate hikes by credit card firms
Posted May 2nd, 2008 by AdminWall Street roundup
Posted April 23rd, 2008 by AdminFremont General given 60 days to raise capital or sell bank
Posted March 29th, 2008 by AdminOnce deeply involved in sub-prime lending, the limping company must raise capital or sell its banking unit. Regulators who forced Fremont General Corp. out of the sub-prime lending business last year have given the financial company until May 26 to find a buyer for its bank, Fremont Investment & Loan, or raise more capital, Fremont said Friday.
Fremont Pressed to Raise Capital or Sell (San Francisco Chronicle)
Posted March 28th, 2008 by Mortgage Rates AdminFederal and state banking regulators have given financial services company Fremont General Corp. 60 days to raise new capital or sell its banking subsidiary, the company said Friday. The Federal Deposit Insurance Corp. and the California Department of...
Fidelity's Lynch accepted freebies
Posted March 6th, 2008 by AdminThe ex-fund wizard took nearly $16,000 worth of tickets from brokers seeking business, regulators say. The contrite executive agrees to pay for the value of the gifts, plus interest. In a case that could sully the reputation of legendary Fidelity Investments fund manager Peter Lynch, regulators said Wednesday that he had improperly accepted almost $16,000 worth of free sports, concert and theater tickets from brokers seeking the mutual fund giant's business.
Actively managed ETFs approved
Posted February 28th, 2008 by AdminExchange-traded funds that aren't tied to a stock or bond index could appeal to some investors, analysts say. Regulators on Wednesday gave broad approval to the first exchange-traded funds that would be actively managed instead of being tied to a stock or bond index.
FCC OKs Murdoch asset-swap deal
Posted February 26th, 2008 by AdminFederal regulators on Monday approved a long-pending deal allowing News Corp. Chairman Rupert Murdoch to swap his controlling interest in satellite broadcaster DirecTV Group Inc. for a larger stake in his own company.
Thrift refinancing incentives studied
Posted February 21st, 2008 by AdminA new incentive for lenders to refinance more mortgages is being considered by regulators who oversee the U.S. thrift industry, which suffered a record $5.2-billion loss in the fourth quarter of 2007 as the housing market deteriorated, the U.S. Office of Thrift Supervision said Wednesday.
FDA reviewing Vytorin cholesterol drug
Posted January 25th, 2008 by AdminHealth alert issued after beef stolen
Posted December 28th, 2007 by AdminRegulators have issued a public health alert for about 14,800 pounds of missing ground beef products that may be contaminated with the potentially deadly E. coli bacteria.