SEC’s shareholder advice proposal draws ire from Republican hedge fund donors

NEW YORK (Reuters) – The U.S. securities regulator is on a collision course with powerful hedge funds executives, including former White House advisor Carl Icahn and Republican mega-donor Paul Singer, over a proposal they say could reduce shareholder voting rights. FILE PHOTO: The U.S. Securities and Exchange Commission logo adorns Continue Reading

U.S. Supreme Court to review SEC’s power to recover ill-gotten gains

WASHINGTON (Reuters) – The U.S. Supreme Court on Friday agreed to hear a challenge to the ability of the Securities and Exchange Commission to recover ill-gotten profits obtained through misconduct in a case from California that could weaken the agency’s enforcement power. FILE PHOTO: The exterior of the U.S. Supreme Continue Reading