Rejection of BofA settlement a setback for SEC

SEC to `vigorously pursue' charges against BofA
The Securities and Exchange Commission has expanded its probe of Bank of America to include the bank's possible failure to disclose mounting losses at Merrill Lynch, a top agency official...

Judge rejects deal between SEC, BofA over bonuses
A federal judge has rejected a $33 million settlement between the Securities and Exchange Commission and Bank of America over bonuses paid by Merrill Lynch.

Wall Street’s Repeat Fraud Violations, Despite...
Many big Wall Street firms have settled fraud cases brought by the government with a promise to never violate the same law. But an analysis of Securities and Exchange Commission documents by...

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