The SEC is facing closer scrutiny of its settlements these days, says Peter J. Henning in his New York Times blog, White Collar Watch.
A hilarious tidbit from that last story: "A leading candidate for the position and a vocal consumer advocate, Warren has drawn opposition from Republicans and financial industry representatives who question whether she has the experience to run a large agency and say her consumer advocacy would make it difficult for her to negotiate fairly." (Italics mine). Shouldn't a consumer protection agency be PRO consumer by nature?
Ed Jones is having recruiting trouble, says WSJ.