Latest Securities regulation News

Texas senator defends bill empowering husband's office

Feb. 19, 2019 6:53 PM EST

AUSTIN, Texas (AP) — The wife of Texas Attorney General Ken Paxton said Tuesday that a bill she filed that would change state securities law "has literally nothing to do" with her husband facing criminal charges of defrauding investors, even as experts said the proposal appears to strike near the heart of...

German market watchdog bans short-selling of Wirecard shares

Feb. 18, 2019 12:38 PM EST

BERLIN (AP) — Germany's financial market regulator issued a two-month ban Monday on short-selling shares of payment service provider Wirecard AG, whose stock has swung sharply in recent months. The regulator said creating new net short positions or increasing existing net short positions in Wirecard's...

Virginia governor asks lawmakers to focus on budget 'equity'

Feb. 14, 2019 5:28 PM EST

RICHMOND, Va. (AP) — Embattled Virginia Gov. Ralph Northam asked lawmakers Thursday to pass a state budget that has a "greater focus on issues of equity" as he tries to move past a blackface scandal that nearly ended his governorship. Northam met with a group of state legislators to discuss the budget and...

Double tap: Investors face taxes for funds that fell in 2018

Feb. 14, 2019 12:34 PM EST

NEW YORK (AP) — As if the worst year for stocks in nearly a decade weren't bad enough, many investors now have to pay a tax bill on top of it. The headache for investors is a result of how mutual funds are structured and how many times the funds' managers bought and sold shares through 2018. Because of the...

Asian shares mostly higher on US-China trade deal optimism

Feb. 12, 2019 10:47 PM EST

TOKYO (AP) — Asian shares were mostly higher Wednesday, cheered by prospects for a resolution to the costly trade dispute between the U.S. and China, which had also sent Wall Street indexes higher. Japan's benchmark Nikkei 225 added 1.5 percent to 21,185.59 in morning trading, while Australia's S&P/ASX...

Markets Right Now: US stocks rise on deal to avoid shutdown

Feb. 12, 2019 4:09 PM EST

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4:00 p.m. U.S. stocks are closing higher after U.S. lawmakers reached a tentative deal to avoid another costly government shutdown. The deal could alleviate pressure on the market as the U.S. and China begin talks on their...

Global stocks rise as US averts government shutdown

Feb. 12, 2019 7:32 AM EST

BEIJING (AP) — Global stocks rose Tuesday after U.S. lawmakers reached a deal to avoid another government shutdown and ahead of U.S.-China trade talks later in the week. In Europe, London's FTSE 100 rose 0.3 percent to 7,148 and Germany's DAX gained 1.2 percent to 11,144, while France's CAC 40 advanced 1.1...

The Latest: Merck to ship 120,000 more Ebola vaccine doses

Jan. 22, 2019 12:32 PM EST

DAVOS, Switzerland (AP) — The Latest on the World Economic Forum in Davos, Switzerland (all times local): 5:25 p.m. The chairman of Chinese telecommunications giant Huawei has denied that his company's technology allows China's security forces to eavesdrop on customers and demanded that critics back up the...

Going public? For Uber, Lyft and others, shutdown slows IPOs

Jan. 15, 2019 2:23 PM EST

WASHINGTON (AP) — The partial government shutdown is slowing plans by some companies to issue stock to the public and potentially cutting off a key source of capital for the financial markets. The shutdown, now in its fourth week, has all but darkened the Securities and Exchange Commission, the government...