Proposed Fiduciary Rule Entwined in Budget Discussion
House Republicans remain steadfast in their efforts to impede the Biden administration's proposed fiduciary rule.
Recent
SEC Steps Up Enforcement in Fiscal 2023
SEC reported an active enforcement year in fiscal 2023. This period saw the SEC initiate 784 enforcement actions resulting in over $4.9B in penalties.
'I Am Personally Disturbed' by FDIC Harassment Allegations: Gruenberg
FDIC is conducting a third-party review of a report in the Wall Street Journal detailing how sexual harassment and a toxic work environment.
Dudley Warns US Fiscal Position Is on ‘Unsustainable Trajectory’
The US fiscal position is on an “unsustainable trajectory” due to a lack of political will to resolve the crisis.
Why Moody's Cut Its Outlook for the US Economy
Rating agency Moody's rattled Washington by downgrading the country's economic outlook to "negative" from "stable," citing growing fiscal deficits.
‘Dark Matter’ Bond Metric Mesmerizes Wall Street and Washington
It’s buzz word on Wall Street and hallways of Fed Reserve and Treasury Dept. It’s blamed for triggering bond selloffs, and shifts in debt auctions.
SEC’s Gensler Sounds Fresh Alarm on Leverage in Treasuries Market
SEC Chair Gary Gensler repeated warnings about leveraged trading by hedge funds and investment firms in the US Treasuries market.
