WASHINGTON — JPMorgan Chase & Co. has agreed to pay a $100 million penalty and admitted that its traders acted “recklessly” during a series of London trades that ultimately cost the bank $6 billion. The settlement announced Wednesday by the ...Read More »
WASHINGTON — Intrade, the online prediction market that gained popularity as an informal oddsmaker for the presidential election, shut itself to U.S. customers Monday after regulators charged it with illegally facilitating bets on future economic data, the price of gold ...Read More »
WASHINGTON — President Barack Obama pushed Congress Tuesday to give oil market regulators more muscle to deter price manipulation by speculators, the latest White House response to determined Republican attacks on administration energy policies amid high gas prices at the ...
Tagged with: Attorney General Eric Holder commodity futures trading commission Congress democrats election gas prices House Speaker John Boehner regulators republicans securities and exchange commission treasury secretary timothy geithner wall streetRead More »