Congressional Activity

Past efforts by Congress to find out how the SEC missed master-scammer Bernie Madoff for so many years have been greeted with tight lips, as ...

Citing the recent surge in the number of registered investment advisers, SEC Commissioner Elisse Walter testified this month before the House Financial Services Committee asking ...

It appears more likely that whatever regulatory reform package emerges from Congress that it may well erase the distinctions between IAs and broker-dealers.Last Thursday the ...

For the first time, the SEC's proposed budget for FY2010 would top $1 billion. If Congress approves that amount, the agency would be able to ...

The task before Congress looms large: restructuring the financial regulatory system to prevent another market meltdown. Lawmakers are being urged to close regulatory gaps, harmonize ...

Congress may wish to authorize a new financial regulator to oversee systemic risk but it won't act with haste. "We've got to take our time. ...

As if the current financial picture didn't look bleak enough, the road ahead for baby boomers may be paved with poverty.That was one message emerging ...

The man who spent nearly a decade tipping off the SEC to his belief that Bernie Madoff ran the world's largest Ponzi scheme surfaced last ...

New SEC Chairman Mary Schapiro favors the registration of hedge funds, wishes to bring CDOs and other such securities under the giant regulatory tent, supports ...

One senator characterized the "calamitous failure" to detect Bernard Madoff's alleged Ponzi scheme as the "darkest" chapter in the country's regulation of the financial services ...