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Knight Losses Ignite Call for Stronger SEC Trading Oversight
Aug 3, 2012 -
Washington Post Robert Schmidt and Michael J. MooreAug 03, 2012 12:00 am ET Aug. 3 (Bloomberg) -- The trading losses at Knight Capital Group Inc. renewed pressure on Washington regulators to prove they are equipped to protect investors in markets that are increasingly computerized and fragmented. Th...
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Knight Has ‘All Hands on Deck’ to Deal With $440 Million Bug
Aug 2, 2012 -
Whitney Kisling, ©2012 Bloomberg News Published 01:28 p.m., Thursday, August 2, 2012 (Updates throughout with more details, comments.) Aug. 2 (Bloomberg) -- Knight Capital Group Inc. has “all hands on deck” and is in close contact with creditors, clients and counterparties as it tries to weather tra...
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House seeks to fund SEC adviser exams with new fees
Jul 25, 2012 -
By Suzanne Barlyn July 25 | Wed Jul 25, 2012 1:22pm EDT (Reuters) - U.S. House lawmakers on Wednesday introduced legislation that would require certain investment advisers pay fees to help fund adviser examinations conducted by regulators. Representative Maxine Waters from California, the second-ran...
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Congresswoman Waters Introduces the TIGER Grants for Job Creation Act
Jun 20, 2012 -
Today on Capitol Hill, Congresswoman Maxine Waters (D-CA) introduced the TIGER Grants for Job Creation Act. This bill will provide an emergency supplemental appropriation of one billion dollars over the next two years for the Transportation Investment Generating Economic Recovery (TIGER) program, wh...
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Congresswoman Waters Congratulates SpaceX on Successful Mission to Date
May 25, 2012 -
Today, Congresswoman Maxine Waters (D-CA) congratulated Hawthorne based Space Exploration Technologies (SpaceX) on the successful launch and subsequent rendezvous of their Dragon spacecraft with the International Space Station. In a letter to SpaceX CEO and CTO Elon Musk, Congresswoman Waters commen...
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Wall Street should stop trying to gut financial reform
May 21, 2012 -
The Hill Wall Street should stop trying to gut financial reform By Rep. Maxine Waters (D-Calif.) - 05/21/12 01:22 PM ET Recently on Meet the Press, Jamie Dimon, the CEO of JPMorgan Chase, lamented that his company’s then-$2 billion trading loss (which has since swelled to at least $3 billion) would...
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