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The Security and Exchange Commission on Thursday proposed rules designed to stem conflicts of interest and provide more transparency for credit-rating companies. They also proposed banning “flash orders,” which give some traders a split-second edge in trading stocks.
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In a digital age, banks still operate under old laws on how quickly they credit accounts when consumers make deposits. Can procedures be speeded up?
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More than 1.4 million Americans have already claimed the new tax credit for first-time home buyers, according to a report from the Internal Revenue Service.
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Sept. 15 (Bloomberg) — Patni Computer Systems Ltd. rose the most in a week in New York trading after Credit Suisse Group AG began coverage of the Indian software services provider with an outperform rating.