New York, November 1 -- In an all-embracing jailhouse interview, Bernard Madoff, the mastermind behind the multi-billion-dollar ponzi scheme, divulged it all to SEC Inspector General David Kotz.

Washington, September 10: Defending its decision of a proposed $33 million settlement with Bank of America over bonuses paid to Merrill Lynch executives just before the bank acquired Merrill last year, the Securities and Exchange Commission (SEC) on Wednesday said that the settlement was “fair” and “reasonable”.

Washington, September 10: Defending its decision of a proposed $33 million settlement with Bank of America over bonuses paid to Merrill Lynch executives just before the bank acquired Merrill last year, the Securities and Exchange Commission (SEC) on Wednesday said that the settlement was “fair” and “reasonable”.

New York -- Two former American International Group executives will pay fines but will neither deny nor admit to accounting allegations, U.S. regulators said Thursday.

Washington, July 12: The U.S. government intends to grant the Securities and Exchange Commission (SEC) the authority to spot and prohibit compensation practice at investment and brokerage firms that get in the way of their fiduciary duties towards patrons.

Washington -- A senior U.S. Securities and Exchange Commission official who oversaw key investigations of Bernard L. Madoff's activities is resigning, the agency said.

Los Angeles -- Countrywide Financial Corp. co-founder Angelo R. Mozilo and two former top executives were accused of fraud Wednesday by U.S. regulators.