Stock futures trading in narrow range ahead of unemployment, inflation reports Stock futures are trading in a narrow range, a day after the Dow Jones industrial average rose to its highest level of the year. Investors are heading into Thursday trading tentatively ...
WASHINGTON (Reuters) - The top U.S. securities regulator said market watchdogs need to supervise credit default swaps, securities blamed for exacerbating 2008's market meltdown and more recently the Greek debt crisis. "If we continue to allow these risky financial products to operate ...
Summary Box: Options exchange CBOE plans long-expected IPO of up to $300 million LONG WAIT: The settlement of a nearly two-year legal dispute over payment for ownership rights with with the CME Group Inc. in August 2008 cleared the way for the ...
Options exchange CBOE files for $300 million IPO as it converts from member-owned organization The last major private exchange left in the U.S., the Chicago Board Options Exchange, filed for an initial public offering of up to $300 million Thursday. The CBOE ...
FILE - In this June 22, 2009 file photo, U.S. Commodity Futures Trading Commission Chairman Gary Gensler testifies on Capitol Hill in Washington, before the Senate Banking Committee. Gensler criticized Wall Street's stance on proposed new oversight for the shadowy $600 trillion ...
BOCA RATON, Florida (Reuters) - The head of the top U.S. futures regulator chided Wall Street on Thursday for resisting calls to make over-the-counter derivatives markets more transparent, arguing major reforms are required after the recent financial crisis. Laying out his case ...
In this March 8, 2010 photo, a sign for Wall Street is shown near the New York Stock Exchange. Stock futures fell slightly after the Labor Department said first-time claims for jobless benefits fell slightly less than expected.(AP Photo/Mark Lennihan) Copyright 2010 ...
European regulators urge crackdown on derivatives; US takes milder approach To European officials, financial derivatives are dangerous weapons that worsened Greece's debt crisis and should be curbed. To Wall Street, they're tools that reduce risk and generate profits and should be left ...
Curbing derivatives could make it harder for Greece to dig itself out of debt, experts say Derivatives have become a dirty word. The complex financial products helped blow up the U.S. housing market. They all but sank AIG. Now European officials want ...
WASHINGTON (Reuters) - A central Congressional player in financial reform legislation on Wednesday said he is willing to close a potential loophole that might allow big derivatives traders to avoid public scrutiny of their deals. "I don't want to let the financial ...
