Michael Terry submits:In the Wall Street Journal this AM:New York Attorney General Andrew Cuomo said Monday that his office has requested information from the nation's largest banks and Wall Street firms on their compensation and bonus plans for fiscal-year 2009.Complete Story »
(Reuters) - New York Attorney General Andrew Cuomo, probing illegal marketing and sales of auction rate securities (ARS), is likely to file a lawsuit on Monday against Charles Schwab Corp for civil fraud, the Wall Street Journal said, citing people familiar with the matter.
There’s been yet another development in the ongoing battle between Airbnb and the state of New York, with the online home rental service agreeing to turn over some data about its customers to the state’s Attorney General, but not to the extent that a subpoena from the AG’s office had originally sought.
It seems the blatant unveiling of the HFT market's Holy Grail trading - Virtu (1 loss in 1238 days) - has raised some attention as Bloomberg reports, NY AG Eric Schneiderman has opened a broad investigation into whether U.S.
Five years on, some of the financial crisis' most familiar characters are chirping in on the likelihood of another meltdown. Last week Morgan Stanley CEO James Gorman went on the Charlie Rose show and claimed that the probability of another financial crisis is "as close to zero as I could imagine."
New York Attorney General Eric Schneiderman’s office sent its first wave of subpoenas to about a half-dozen high-frequency trading firms in an investigation into whether some rapid-fire firms have an unfair advantage over other trading outfits.