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Business 12 Mar 2010 | 12:00 AM

SEC head urges Congress to act on derivatives

WASHINGTON: The government's top securities regulator called Thursday for Congress to impose new oversight on financial derivatives, warning that allowing risky instruments like credit default swaps to continue unfettered could bring further economic damage.

Business 15 Jun 2009 | 12:00 AM

Obama eyes tighter controls on banks, Wall Street

WASHINGTON: President Barack Obama is ready to roll out an overhaul of the intricate rules and systems that govern America's troubled financial institutions, proposing the most ambitious revision since the Great Depression of the 1930s.hr noshade size=-1 width=50%>

Business 15 Oct 2008 | 12:00 AM

Financial power shifts from Wall Street to Washington.

NEW YORK (AP) - The U.S.'s financial power center has shifted from Wall Street to Washington.

Business 26 Aug 2008 | 12:00 AM

US, Australian securities regulators sign accord

WASHINGTON (AP) - U.S. and Australian stock exchanges and brokers could be allowed to operate in each other's countries without being subject to most local regulation, under a new agreement between regulators.