Mary Shapiro

SEC: No More 'Naked' Access to Stock Market for Traders

Traders will no longer be able to make direct trades without broker supervision. As part of a series of changes after May's "flash crash," the U.S. Securities and Exchange Commission decided Wednesday to bar traders from having "naked" access to stock markets.

New SEC Proxy Rule Gives Shareholders a Fighting Chance

In a clear win for the shareholders rights movement, the Securities and Exchange Commission announced Thursday that it was changing federal proxy rules to make it easier for companies' shareholders to nominate and elect directors to their boards.