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SEC charges ex-Fannie, Freddie CEOs with fraud

The Securities and Exchange Commission has brought civil fraud charges against six former top executives at Fannie Mae and Freddie Mac, saying they misled the government and taxpayers about risky subprime mortgages the mortgage giants held during the housing bust....


NYC judge rejects $285M SEC-Citigroup agreement

A federal judge on Monday struck down a $285 million settlement that Citigroup reached with the Securities and Exchange Commission, saying he couldn't tell whether the deal was fair and criticizing regulators for shielding the public from the details of what the firm did wrong.


S.E.C. Sues Goldman Over Housing Market Deal

S.E.C. Sues Goldman Over Housing Market Deal

In a civil suit filed Friday, the S.E.C. accused the investment bank of securities fraud over a deal in which Goldman profited from bets against products it sold to customers.


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