Articles by Matt Robinson

SEC Changes Whistle-Blower Award Rules to Boost Tipster Payouts

The US Securities and Exchange Commission changed its whistle-blower rules to give the agency more leeway to pay out hefty awards. Wall Street’s main regulator will be able to pay tipsters who help other government agencies that don’t have whistle-blower …

Board Member Paulson’s Disclosure of His Fund’s AIG Stock Sale Questioned

When a board member of a publicly traded U.S. company sells even a small personal holding, the director typically has just two business days to disclose the transaction, under securities rules to promote transparency. But when John Paulson’s hedge fund …

Target Avoids SEC Penalties Over 2013 Breach

The U.S. Securities and Exchange Commission won’t pursue an enforcement action against Target Corp. after hackers stole data on 40 million credit and debit cards during the 2013 holiday shopping season, according to a regulatory filing. The agency finished its …

Fannie Mae Calls on Reinsurers to Back Mortgage Pool

Fannie Mae bought insurance to cover a portion of losses on $6.4 billion of home loans in the mortgage giant’s latest effort to share risks with private investors. The policy will cover as much as $193 million of losses on …

Europe Freeze Kills 89; Fears Rise over Russian Gas

Record-low temperatures in parts of Eastern Europe pushed the death toll from Arctic conditions to at least 89 people on Wednesday, and have forced Russian gas provider Gazprom to warn over supplies to Europe. Europe had enjoyed a relatively mild …