The company said it would put procedures in place after the Federal Trade Commission said the site had shared users’ personal information with advertising companies.
Mary L. Schapiro, the S.E.C.'s chairwoman, said she believed that the agency's settlement practices had a deterrent value, but that repeat offenders were a problem.
Even as the Securities and Exchange Commission has stepped up its investigations of Wall Street, the agency has repeatedly allowed the biggest firms to avoid punishments.
Even as the Securities and Exchange Commission has stepped up its investigations of Wall Street, the agency has repeatedly allowed the biggest firms to avoid punishments.
President Obama’s State of the Union proposals seek to acknowledge the public frustration that few financial executives were prosecuted after the crisis.
President Obama’s State of the Union proposals seek to acknowledge the public frustration that few financial executives were prosecuted after the crisis.
The Obama administration said it would not support central elements of efforts in Congress to enforce copyrights on the Internet, all but killing the current versions of the legislation.
Spencer C. Barasch, who was said to have hindered federal investigations of fraud at the Stanford Financial Group and later represented the firm, reached a $50,000 civil settlement.
Companies can no longer say they “neither admit nor deny” civil charges by the Securities and Exchange Commission in cases where criminal guilt has already been established.
In a speech, the new director, Richard Cordray, promised “real consequences” for companies that take unfair advantage of consumers of financial products.
In a speech, the new director, Richard Cordray, promised “real consequences” for companies that take unfair advantage of consumers of financial products.
Judge Jed S. Rakoff, who is overseeing the Securities and Exchange Commission’s settlement with Citigroup, said the commission misled an appellate court when it sought a halt to proceedings in the case.
The citation of Judge Jed S. Rakoff’s rejection of a proposed settlement between the Securities and Exchange Commission and Citigroup shows that judges elsewhere have noticed the ruling.
A federal appeals court will consider an appeal of a lower court’s decision to throw out a $285 million fraud settlement between the commission and Citigroup.
New York officials welcomed a legal opinion removing a big obstacle for states that want to sanction Internet gaming to help fix their budget deficits.
New York officials welcomed a legal opinion removing a big obstacle for states that want to sanction Internet gaming to help fix their budget deficits.
The House and the Senate are looking to cut off oxygen for sites that offer free copies of entertainment by taking aim at search engines like Google and Yahoo that allow the pirates to function.
Eight former executives and contractors of the German industrial giant were charged with criminal bribery by the Justice Department in connection with a $1 billion contract with Argentina.
An analysis of enforcement actions found at least 51 cases in which 19 Wall Street firms were accused of breaking antifraud laws they had agreed never to breach.
An analysis of enforcement actions found at least 51 cases in which 19 Wall Street firms were accused of breaking antifraud laws they had agreed never to breach.
The rules, part of the Dodd-Frank law, are intended to limit the ability of banks with government guarantees and Fed borrowing privileges to take outsize risks.
The chairman of the Federal Communications Commission wants to change an $8 billion fund that subsidizes telephone service in rural areas into one that will expand broadband Internet service.
The Dodd-Frank Act, the sprawling law to address the causes of the financial crisis, is a job killer that should be repealed, Republican presidential candidates say.
AT&T has vowed to do battle with the Justice Department in court while it tries to cozy up to antitrust regulators by agreeing to shed assets and submit to monitoring.
AT&T has vowed to do battle with the Justice Department in court while it tries to cozy up to antitrust regulators by agreeing to shed assets and submit to monitoring.
A lawyer at the Securities and Exchange Commission said that thousands of documents involving inquiries into Bernard L. Madoff and other matters were destroyed.
The Public Company Accounting Oversight Board wants to limit the number of consecutive years a firm could inspect the books of a publicly traded company.
Opposition to naming Elizabeth Warren as chief of the new Consumer Financial Protection Bureau has been blunted by concerns that President Obama has yet to name anyone for the post.
Senator Charles E. Schumer inserted into a bill a provision that appears aimed at helping banks address a costly problem with a patented system for processing digital copies of checks.
The Senate rejected a delay on regulations over debit card fees, essentially leaving it to the Federal Reserve to limit the fees that stores pay banks.
The United Nations Security Council voted unanimously to impose sanctions on Libya’s leader, Col. Muammar el-Qaddafi, and called for a war crimes investigation.
The financial system is better off than it was two years ago, and the central bank has learned the lessons of not providing rigorous enough oversight of banks, the Fed chief told a Senate panel.
President Obama will ask Congress to reserve a section of the wireless airwaves, known as D Block, to establish a national safety network long sought by fire, police and rescue officials
Mr. Neuberger, who founded the investment firm Neuberger Berman, became one of America’s leading art patrons by acquiring hundreds of paintings and sculptures.
The chairman’s proposal, forbidding service providers from blocking lawful content and requiring them to tell consumers how they manage networks, faces an uncertain path.
The Federal Communications Commission will propose rules that require mobile phone companies to alert customers when they are about to incur extra usage charges.
Verizon Wireless will pay up to $90 million to 15 million cellphone customers who were wrongly charged, one of the largest-ever refunds by a telecommunications company.
The House took final action to repeal a measure that gave the Securities and Exchange Commission greater ability to block disclosure of material it gathers from financial companies.
The commission was unanimous on a proposal to curb the practice of temporarily trimming company debt at quarter’s end to dress up financial statements.
The Securities and Exchange Commission accused Dell of misleading investors by using money it had received from Intel to pad its quarterly earnings statements.
Hearings are planned for June on how the Communications Act of 1996, which barely mentions the Internet, serves the needs of government, consumers and the telecom industry.
An amendment requires public companies to certify that armed groups in the Congo region do not benefit from the companies’ purchase of minerals from there.
A sweeping bill from Senator Blanche Lincoln goes beyond the administration’s goals on regulating derivatives, and has met with strong resistance from Senate Republicans.
As Fox prepares to raise the curtain on the ninth season of “American Idol,” most of the intrigue has been focused on the judges, the ratings, the voting procedures and the show’s format.
A rebound in advertising revenue for the Games, after a weak start, would not be enough to overcome the increase in license fees that NBC agreed to pay to broadcast the Olympics.