Edition:
India

Katanga Johnson

Former U.S. SEC employee cites discrimination, failed market oversight -lawsuit

16 May 2019

WASHINGTON, May 16 A former U.S. Securities and Exchange Commission (SEC) employee has filed a lawsuit against the regulator citing agency failures in market oversight and wrongful termination on the grounds of "age, religion and gender" discrimination.

U.S. SEC proposes rules aimed at supervision of cross-border derivatives

10 May 2019

WASHINGTON, May 10 The top U.S. markets regulator on Friday proposed rules aimed at improving how the financial market accepts and supervises cross-border derivative applications.

UPDATE 2-U.S. consumer bureau proposes update to debt-collection rules

07 May 2019

WASHINGTON, May 7 The U.S. Consumer Financial Protection Bureau on Tuesday proposed rules to clarify how debt collectors can communicate with consumers, curbing how often they can call borrowers but allowing unlimited contact through text messages and emails.

Exclusive: New U.S. consumer watchdog chief to continue review of complaints database, fair lending

18 Apr 2019

WASHINGTON The new director of the Consumer Financial Protection Bureau will continue with reviews, begun by her predecessor, of its public complaints database and how the agency enforces discriminatory lending laws, she told Reuters.

SEC steps on Tesla 'reasonable' to prevent problems: commissioner

09 Apr 2019

WASHINGTON The U.S. securities watchdog's request that a federal judge hold Tesla Inc Chief Executive Elon Musk in contempt over the billionaire entrepreneur's use of Twitter was "reasonable," said a U.S. Securities and Exchange Commission official on Monday.

PwC to pay $335 million over failed audits of Alabama's Colonial Bank: U.S. regulator

16 Mar 2019

WASHINGTON A top U.S. banking regulator said on Friday that PricewaterhouseCoopers will pay $335 million to settle claims of "professional negligence," after saying the auditor should have identified problems leading to the 2009 collapse of Alabama-based Colonial Bank.

PwC to pay $335 mln over failed audits of Alabama's Colonial Bank -U.S. regulator

15 Mar 2019

WASHINGTON, March 15 A top U.S. banking regulator said on Friday that PricewaterhouseCoopers will pay $335 million to settle claims of "professional negligence," after saying the auditor should have identified problems leading to the 2009 collapse of Alabama-based Colonial Bank.

U.S. Fed sanctions former Goldman Sachs bankers over 1MDB money-laundering scandal

12 Mar 2019

WASHINGTON The U.S. Federal Reserve said on Tuesday it had sanctioned two former Goldman Sachs Group Inc bankers for their roles in a money-laundering scandal involving 1Malaysia Development Berhad (1MDB), Malaysia's state-owned investment fund.

Trump slams Mueller, mocks critics in fiery two-hour speech

03 Mar 2019

OXON HILL, Md. President Donald Trump on Saturday attacked U.S. Special Counsel Robert Mueller ahead of his report on alleged Russia collusion by the Trump campaign in 2016 and said his political opponents were "trying to take me out with bullshit." | Video

Trump vows executive order requiring 'free speech' at colleges

03 Mar 2019

WASHINGTON U.S. President Donald Trump said on Saturday he would soon sign an executive order requiring American universities and colleges to maintain "free speech" on campuses and threatened that schools not complying could lose federal research funds.

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