Compliance
Rogue Currency Trader Brought Back To U.S. To Face Charges
- Details Category: Regulatory
A currency trader who fled to Latin America after reportedly bilking conservative and Christian investors of $25 million is now back in this country and facing charges. He pleads "not guilty."
Jeffrey Lowrance started working from Peru since 2006, when he was stripped of his commodity and currency licenses, and then moved to Peru.
Despite the logistical difficulties, he managed to start up a conservative newspaper, USA Tomorrow, as a marketing vehicle and distribute it to backers of 2008 presidential candidate Ron Paul in particular.
Unfortunately, instead o
Lawyers Tell Advisory Firms To Be Ready To Investigate SEC Whistleblower Claims On Their Own
- Details Category: Regulatory
Buried in the SEC's new whistleblower rules is a notice that firms named in a complaint may need to run the investigation on their own, lawyers are saying.
Partisan Bickering Sinks Investigation Into Financial Crisis Panel's Controversial Conclusions
- Details Category: Regulatory
A hearing on "what went wrong" in last year's Congressional attempt to uncover the roots of the 2008 market crisis has been postponed amid new allegations of partisan agendas in play on the panel.
Dodd-Frank "Too Popular" To Kill Outright, Barney Frank Says
- Details Category: Regulatory
The investing public still loves the Dodd-Frank reforms so much that those who want to restore the old status quo are unwilling to lead a frontal attack, Barney Frank says.
Mary Schapiro Farms Out SEC Office Leasing Responsibilities After "Flawed" $500 Million Deal
- Details Category: Regulatory
The head of the SEC has told an increasingly hostile House of Representatives that she's going to hand off future lease negotiations to the federal General Services Administration.
More Articles ...
- Morgan Stanley Loses Data On 34,000 Clients, Says "Sorry"
- Stung By Sharp Criticism, FINRA Vows Changes In Its Examination Protocols
- Auction-Rate Products Cost Raymond James $300 Million, But Morgan Keegan Dodges A Bullet
- The Margin Between State And SEC Regulation Widens To Give RIAs More Flexibility
