In setback for corporate lobbyists, whistleblowers can take tips first to government investigators

By Michael Hudson

SEC rules also award generous bounties to tipsters

Excerpts from this story referencing "Congress":

"… after the Enron debacle and other multi-billion-dollar corporate scandals, Congress passed what one scholar “the most important whistleblower protection law …"

"… use the financial meltdown of 2008.The Dodd-Frank Act, passed last year by Congress and signed by President Barack Obama, seeks to improve on previous whistle …"

"… pursue a claim, unless the information falls into four narrow categories. Congress “intended to encourage whistleblowers” to report securities violations …"

Financial reform this week: Will SEC's final whistleblower rule require first filing internal complaint?

By Julie Vorman

Your guide to Dodd-Frank law deadlines, hearing and events for the week of May 23

Excerpts from this story referencing "Congress":

"… pursue a claim, unless the information falls into four narrow categories. Congress “intended to encourage whistleblowers” to report securities violations …"

"… on a final whistleblower rule at their meeting on Wednesday morning.Other Congressional hearings, rulemaking deadlines and events related to the Dodd-Frank r …"

Revolving door between SEC, law firms spins at dizzying speed

More than 200 ex-SEC lawyers went back to agency on behalf of clients

Excerpts from this story referencing "Congress":

"… tor within days and weeks of leaving has attracted increased scrutiny from Congress and the SEC’s own inspector general.Revolving doorOne frequent critic of …"

"… cy trading firm Getco LLC.  The lawmaker said the probe was needed so Congress “can more accurately assess the integrity of the SEC’s operations.”I …"

"… efore the agency.The Government Accountability Office, the watchdog arm of Congress, is also looking at the revolving door issue at the SEC, with a report due …"

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For all the blame, credit raters still count on big banks for support

For all the blame, credit raters still have allies in town: big banks

Excerpts from this story referencing "Congress":

"… it.Bank of America warns of ‘unintended consequences’As often happens, Congress wasn’t explicit in what it expected regulators to do. The Dodd-Frank law …"

"… ferences from federal rules. In July, the agency is to deliver a report to Congress on what it proposes to replace the rating agency evaluation requirement.Wh …"

"… nor does it solicit input from outside groups.Banks, though, are lobbying Congress to amend Dodd-Frank to keep credit rating agencies involved in their offic …"

Newsmaker interview: Warren says Congress should hold car dealers to same rules as other lenders

Elizabeth Warren, the government’s top advocate on consumer financial issues, says that Congress needs to hold auto dealers to the same basi

Financial reform this week: Would companies drop compensation committees to evade SEC rule?

By Julie Vorman

SEC tackles credit rating, due diligence rules
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SEC extracts fines, but not confessions

Federal judge scolds SEC for routinely letting businesses and executives settle civil lawsuits without admitting any guilt....

Tobacco company penalties may signal U.S. crackdown on industry practices overseas

By Traver Riggins and Ricardo Sandoval Palos

A flurry of federal enforcement action targeting payoffs by subsidiaries of two U.S. tobacco companies may signal a broader regulatory assau

Excerpts from this story referencing "U.S. Securities and Exchange Commission":

"… ices abroad, according to experts on the Foreign Corrupt Practices Act.The U.S. Securities and Exchange Commission and the Department of Justice on Friday announced resolution of civil and …"

Free repository offers copies of PACER federal court records

By Traver Riggins

Want to see the federal indictment of a mortgage fraudster? You got it. Need the docket for a U.S. appeals court case? It’s yours. All with

Regulatory gap on financial planners is a risk to consumers

By Laurel Adams

No specific regulations oversee financial planners, leaving consumers to rely on a network of state and federal laws to serve as a watchdog.

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