Insider Trading Investigation Reaches A New Stage
Speculation intensified that federal prosecutors are looking at SAC Capital Advisers' owner Steven Cohen, but the government doesn't have enough evidence, a lawyer told American Public Media's Marketplace..
CME Says No Plans to Shut Grains Floor Trading
The CME Group, the
biggest operator of U.S. futures exchanges, has no plans to shut
open-outcry trading pits but will not change new price
settlement rules for grains despite a lawsuit by a group of
traders, its CEO said on Wednesday.
Intrade Cuts Out US Customers After Regulatory Suit
Prediction market Intrade,
which allows spectators to bet on subjects ranging from
entertainment to elections, said on Monday it will no longer
accept U.S. customers because of what it called legal and
DTCC Finds 1.3 Mln Soaked Securities in Sandy-Flooded NY Vault
The Depository Trust & Clearing
Corp., which processes financial transactions and stores
securities, has begun the long process of recovering about 1.3
million soaked securities that were stored in a
10,000-square-foot underground vault in a lower Manhattan
skyscraper flooded by Superstorm Sandy.
SEC Left Computers Vulnerable to Cyber Attacks
Staffers at the U.S.
Securities and Exchange Commission failed to encrypt some of
their computers containing highly sensitive information from
stock exchanges, leaving the data vulnerable to cyber attacks,
according to people familiar with the matter.
Wall St Rallies After Labor Market Data
U.S. stocks rallied in morning
trading on Thursday after a pair of positive signs about the
labor market pointed to improving conditions a day before the
U.S. nonfarm payroll report.