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Financial Reform Keeps Law Firm Banking and Securities Practices Busy
Regulations for the recently enacted financial reform law are months away, but law firms with strong financial services practices are rolling out the welcome mat for client conferences and filling their calendars with client meetings. Clients' initial questions have largely focused on the so-called Volcker rule, which generally bans banking institutions from investing in private equity or hedge ...
CDR Financial Should Wait for Bond Probe Evidence, U.S. Says
CDR Financial Products Inc. and three of its employees aren’t entitled to early access to prosecution evidence in a U.S. antitrust investigation of the $2.8 trillion municipal bond market and more indictments are expected, a prosecutor told a federal judge in New York.
Financial Stocks: Financials wrap up strong month on down note
U.S. financial stocks posted slim losses on Friday as investors reacted to reports of a U.S. economic slowdown. The day's performance paled beside a 6.6% jump for the month.
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