Industry News

The last 12 months have seen a host of financial scandals. Now, the NFA has ordered a review of its staff. But can it really revamp its staff?

Struggling Portuguese families are fast selling their household gold supplies after record prices and a deepening recession prompted a proliferation of places to exchange the metal for money. Jamie Sokalsky, who took over the CEO reigns at Barrick Gold in June, has said he will rein in growth and invest only in assets that promise sizable returns.

Jamie Sokalsky, who took over the CEO reigns at Barrick Gold in June, has said he will rein in growth and invest only in assets that promise sizable returns.

Overall gold consumption fell 7% or nearly 76 tonnes to 990 tonnes in the three months to June, its lowest quarterly level since the first three months of 2010, says the WGC.

Confirming an earlier report by the Financial Times, Barrick says discussions are at an early stage and there can be no certainty that they will result in the acquisition of all or part of its holding in ABG. The gold miner slipped to a surprise Q4 loss on Thursday despite a 14% increase in production, significantly lower than the average 110.

The gold miner slipped to a surprise Q4 loss on Thursday despite a 14% increase in production, significantly lower than the average 110.4 cents profit forecast in a Reuters poll of 5 analysts.

A broker--previously disciplined by the CFTC and the National Futures Association in a 1993 commodities options scheme--is again facing charges for a Ponzi-scheme involving precious metals bullion investment.

After meeting with Knight Capital Group's executives and learning that it had received new financing, TD Ameritrade said it will resume routing orders through the embattled firm. Scottrade is also slated to begin routing orders through Knight Capital once again, CNBC added.

U.S. regulators claimed their first victory in a four-year old effort to crack down on oil market manipulation on Thursday, announcing a $14 million settlement with high-frequency trading firm Optiver. In a ruling that came just two days after U.S.

U.S. securities regulators on Wednesday finalized long-awaited rules that will dictate which companies will be deemed swap dealers, a tag that will subject them to costly capital, margin and business conduct requirements. U.S.

U.S. regulators limited the number of market players that will be slapped with a pricey "swap dealer" tag, part of an effort to reduce risk in the financial system, but left room to later change the thresholds for the designation.

RBC dismissed accusations it operated an illegal wash trading scheme as absurd, and they're not alone in their view that the CFTC was off target in launching the case.

The Securities and Exchange Commission today announced a rule proposal to help protect investors from identity theft by ensuring that broker-dealers, mutual funds, and other SEC-regulated entities create programs to detect and respond appropriately to red flags.

The 2011 National Business Ethics Survey ® was recently published by the Ethics Resource Center. Over the last two decades this biannual report has become a mainstay for tracking trends, assessing data and gathering research on the state of ethics in the American workplace. It has also served as an effective gauge for monitoring hot-button issues in the employment law field.

New guidelines issued by the Federal Energy Regulatory Commission (FERC) contain a new and explicit list of components for a “successful compliance program.” FERC has been emphasizing corporate compliance for years, but now it is getting really specific.

All market participants are equidistant from the matching engines in colocation facilities, say exchange officials who've had to file their policies with regulators.

At stake is not only Corzine's reputation - and whether his career on Wall Street and in politics comes to an ignominious ending - but investors' trust in Duffy, the CME and the U.S. futures industry, which is largely self-regulated.

The U.S. futures regulator unanimously approved on Monday tighter limits on how brokerage firms can use customer funds, a measure the now-bankrupt MF Global had encouraged the agency to delay.