Financial Industry, Regulators | featured news

Bernanke, in Nod to Critics, Suggests Board of Regulators

Bernanke, in Nod to Critics, Suggests Board of Regulators

The Fed should be in charge of regulating financial institutions, but a council of regulators could monitor broader risks, the Fed chairman said.

 

AIG's Greenberg pays $15 million to settle SEC charges

American International Group Inc's former Chief Executive Hank Greenberg agreed to pay $15 million to settle regulators' allegations of improper accounting transactions, the Securities and Exchange Commission said on Thursday.

 

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