Regulatory & Compliance

Big Four May Gain Legal Market Foothold With State Rule Change

An attempt by several Western states to relax their bar ethics rules to make the legal system more affordable could have an unintended effect—allowing Big Four accounting firms to finally gain a …

Wall Street Moves to Curb Shady CDS Deals and Hold Off Watchdogs

Wall Street banks and hedge funds are closing in on a fix that they hope will clean up an $8 trillion portion of the derivatives market that’s gained a reputation for being one of the shadiest …

Trump Said to Pick U.S. Attorney for Top Justice Slot

President Donald Trump will nominate Jessie Liu, U.S. Attorney for the District of Columbia, to be third in command at the Justice Department, according to two U.S. officials who asked to remain …