Financial Regulation

The banks in our annual ranking of the World’s Largest Global Custodians cite new requirements of asset managers as a top business driver.
Perez, an architect of the financial sector’s new fiduciary rule, would help Clinton to connect with Latinos and other key voting blocs.
Although the legislation was partly intended to stop banks from becoming too big to fail, more rules encourage industry consolidation.
The CFTC commissioner, who previously worked at an interdealer brokerage firm, wants the agency to allow more trading flexibility.
President Barack Obama’s administration is pushing for financial advisers to recommend plans that are in clients’ best interests.
The billionaire Dallas Mavericks owner has argued that banning the practice does nothing to improve market efficiency and fairness.
October’s market turmoil was triggered by several factors, from scarce liquidity to a broken system for trading corporate credit.
Declaring the end of normal, the U.S. economist in his new book makes a case for creating employment by boosting social spending.
Securities and Exchange Commission chair Mary Jo White recently signaled that regulators may get tougher with alternative trading systems.
Electronic fixed-income trading venues remain a small part of the U.S. market, partly because regulators haven’t mandated them, says Tradeweb’s Lee Olesky.