Nicholas Gelfman allegedly solicited investors with false claims that he would generate a 7% to 9% monthly return from a fund for trading Bitcoin.
The law was about micromanaging financial services rather than facilitating capital markets.
The law identified many right solutions to the problems revealed by the financial crisis but excessively applied them.
State's governor proposes rules that subject credit bureaus to aspects of New York's financial services regulations.
The decision, which cited national security concerns, may signal problems for other Chinese deals under review by the administration.
The payments firm wants to offer a one-stop shop for financial needs by operating Square Financial Services under an industrial loan company charter.
“Overall, our results provide evidence suggesting that political access is of significant value to corporations,” researchers find.
A new study offers strong evidence of a link between auditor-identified weak internal controls and subsequent fraud cases.
The former accountant at Celator Pharmaceuticals allegedly passed on tips about market-moving announcements by the company to friends.
The move to block additional wage data reporting requirements is "an all-out attack on equal pay," a women's rights advocate says.