Wall Street news from FierceComplianceIT

When it comes to a company's risk management practices, some corporate governance experts believe that boards should play a greater role. It would be hard for boards to remain disinterested when the... Read more...

Let's face it. In this litigious era, when federal rules require the retention of emails, it's all too easy to get burned by employee emails, whether they are taken out of context or not. In many... Read more...

We're seeing a lot of new executive pay ideas being floated, as more boards grapple with the likelihood of new laws and more intense scrutiny by boards. Already, Wall Street firms are making some... Read more...

Top exchanges have long blamed Sarbanes-Oxley for making IPOs that much more scarce. The reality may not be simple, but you can hardly blame exchange officials for lambasting anything that cuts into... Read more...

How do we know that the recent curbs on naked short selling--selling short essentially without having access to the underlying shares--is actually working? The New York Times notes that the number of... Read more...

You know that directors are nervous when they start cutting their own pay, which is exactly what has happened on many top boards as of late, notes a commentary in the Wall Street Journal. The article... Read more...

You've no doubt heard of R. Allen Stanford and the controversy over the Stanford Financial Group, which some see as a financial scandal of Madoff-ian proportions. The Wall Street Journal's law blog... Read more...

Christopher Cox, fairly or not, was a lightening rod for criticism during his three and a half year tenure as chairman of the SEC. Toward the end, events really escalated, notably the Madoff affair... Read more...

Where were the boards of directors as Wall Street firms melted down? Could they really have been so blind? At a general level, we have raised this issue. Now, at a more specific level, John Coffee of... Read more...

Hopefully the bailout package that passed will stabilize the markets to the point that the world can start discussing the real issue: how to regulate the financial markets and Wall Street. We've... Read more...