SecuritiesAndExchangeCommission

SEC Requires Uniform System for U.S. Stock Exchanges

U.S. stock exchanges and markets must establish a uniform system for tracking all orders and trades under an SEC rule approved Wednesday. The change should make it easier for the government to investigate market disruptions like the 2010 Flash Crash.

Facebook Boosts Size of IPO by 25% in Light of Investor Demand

Facebook insiders will be unloading more of their shares in the initial public offering, the company said Wednesday, as they take advantage of investor demand. The entire increase comes from insiders and early investors, so the company won't benefit from the additional sales.

SEC Warns of Social Media Schemes After Fraud Case

Regulators are warning the public to be wary of social media sites that could be offering bogus investment schemes. The warning follows civil charges filed by the Securities and Exchange Commission against an Illinois-based investment adviser who tried to sell fraudulent securities through Linkedin.

L.A. Radio Host Charged With Ponzi Scheme

An Iranian-American businessman who hosted a popular Persian language radio show called Economy Today has been indicted on charges that he robbed investors of $20 million in a Ponzi scheme than ran for six years.

Is Facebook Finally Ready to IPO?

Facebook may finally be ready to go public in the second quarter of 2012. At an estimated valuation of $100 billion, the social networking giant is probably no longer a ground-floor opportunity -- but could even that number be too low?

Why You Should Care
About the Volcker Rule

This week, the government took a big first step toward shutting down the Can't Lose Room in the Wall Street Casino. It's now one comment period away from enacting the Volcker Rule, which limits the kinds of risky investments banks can make with money insured by the U.S. taxpayer.

SEC Claims Dead Money Manager Sold Fake Bonds

The Securities and Exchange Commission has sued the estate of money manager Joel David Salinas, the president of J. David Financial who died last month, and Brian Bjork, chief investment officer of Select Asset Management, for allegedly selling $50 million of fake bonds.

The Financial Landscape: BAC Settles, FINRA Flexes

Bank of America will soon finalize an $8.5 billion agreement to settle investor claims that Countrywide sold them lousy mortgage-backed securities before the housing bust. Meanwhile, private regulator FINRA is angling to take over the watchdog role for registered investment advisers.

Stock-Based Loans: Quick Cash, but Watch Your Assets

If you need cash and have investments you don't want to sell, a stock-based loan may sound like a good idea. But the unregulated stock-based loan industry can be a risky way to tap into the value of your portfolio, warns the Financial Industry Regulatory Authority.

The Financial Landscape: Debt Woes, Hedge Fund Regs

Politicians in both Greece and the U.S. are struggling to find the common ground necessary to keep their governments from defaulting on their debts; QE2 hasn't ended yet, and already the Fed is considering QE3; and the SEC finally starts to regulate Wall Street's hedge funds.

How to spot a Ponzi scheme

The news that Bernard Madoff was arrested Friday and charged with securities fraud in what federal prosecutors called a $50 billion Ponzi scheme...