COMPLIANCE WATCH: Staffing No Excuse For Late Documents To Finra

By Suzanne Barlyn (DOW JONES NEWSWIRES) for The Wall Street Journal, January 22, 2010Many brokerages are fielding more document requests from the Financial Industry Regulatory Authority--and using staffing problems as an excuse for not meeting deadlines, according to the regulator's enforcement head.Finra has been opening more i

Feds find little fraud at big Wall Street firms

By Patrice Hill for The Washington Times, January 19, 2010
While the American public and Capitol Hill lawmakers appear to blame wrongdoing on Wall Street as the primary cause of the global financial crisis, federal law enforcement agencies have had little success in finding and prosecuting instances of fraud at the nation'

Who will really shape regulatory reform?

WASHINGTON (Reuters) - As Senator Christopher Dodd attempts to seal his legacy by pushing through sweeping financial reform legislation this year, the real changes that threaten financial firms' bottom lines lie in the ever-shifting hands of regulators.

It is the regulators and examiners on the ground who hav

US regulators scrutinise banks’ hires

The Financial Times (By Brooke Masters and Francesco Guerrera)US banking supervisors are taking a much more active hand in shaping banks’ top personnel decisions, as regulators seek to prevent a recurrence of management failures that helped precipitate the financial crisis.
Bankers, their advisers