Governance, Regulation, & Compliance

• Corzine Sued by Trustee over MF Global Failure

  By Phil Milford and Tiffany Kary, Bloomberg  |  April 23, 2013

  CFO Steenkamp and COO Abelow are also named in Freeh’s lawsuit.

• Gensler Expresses Renewed Doubt Over Libor Integrity

  By Liam Vaughan, Bloomberg  |  April 23, 2013

  Libor and similar benchmarks ‘unsustainable in the long run,' CFTC head says.

• Ralph Lauren To Pay $1.6 Mln in Bribe Cases

  By Joshua Gallu, Bloomberg  |  April 22, 2013

  Attorney cites ‘unprecedented use of non-prosecution agreements’ by the SEC and the Justice Department.

• Austerity on Trial amid New Evidence

  By Simon Kennedy, Rebecca Christie and Stefan Riecher  |  April 22, 2013

  Economic policies are debated again as growth undershoots estimates.

• Yen Drops Toward 100 Per Dollar

  By John Detrixhe and Lukanyo Mnyanda, Bloomberg  |  April 22, 2013

  Currency weakens on BOJ governor’s comments and G-20’s lack of opposition to Japanese policies.

• U.K. Among Nations Raising Alarm on U.S. Swap Rules’ Reach

  By Silla Brush, Bloomberg  |  April 19, 2013

  Overseas finance officials urge U.S. Treasury to limit the cross-border reach of derivatives regulations.

• Senate May Vote on Online Sales Tax

  By Richard Rubin and Kathleen Hunter, Bloomberg  |  April 18, 2013

  Wal-Mart and Amazon back measure to let states collect taxes on out-of-state sellers.

• White to Direct SEC Enforcement to New Areas

  By Joshua Gallu, Bloomberg  |  April 18, 2013

  With financial crisis cases mostly over, new chairman may target accounting fraud, high-frequency trading.

• U.S. Bond Market Needs Better Access, Says SEC’s Walter

  By Matthew Leising, Bloomberg  |  April 16, 2013

  Walter cites concerns about fairness, but says SEC won’t impose an equity-market structure on bonds.

• Benchmark Rates Should Reflect Real Data, Iosco Says

  By Jim Brunsden and Lindsay Fortado, Bloomberg  |  April 16, 2013

  Global regulators want rates to be based on ‘observable transactions.’