With a reported $13 billion settlement, JPMorgan has put the rest of the banking industry at risk of further government attacks, and it has raised the bar for potential fines from the big banks.
By Cyrus Sanati
FORTUNE -- JPMorgan's reported $13 billion settlement with U.S. authorities over shady investment practices sets a precedent that could have ghastly consequences for the bank, as well as for its main rivals. In rolling MOREOct 21, 2013 10:22 AM ET
The social media company uses estimates to determine some of its revenue.
FORTUNE -- Twitter changed and expanded the description of how it tallies sales from some of its advertising deals in its IPO filings.
The first version of its IPO filing, or S-1, which it confidentially filed to the SEC in July but did not initially release to the public, implied Twitter did not have a consistent policy to determine how MOREStephen Gandel, senior editor - Oct 14, 2013 9:16 AM ET
Why is Twitter using the same accounting tricks that have been criticized so many times before?
FORTUNE -- When it comes to its bottom line, Twitter would like potential investors to put on some heavily tinted rose-colored glasses.
In the registration statement for its upcoming IPO, which was filed on Thursday, Twitter said through the "eyes of management" the company had a profit of just over $21 million in the first six MOREStephen Gandel, senior editor - Oct 8, 2013 5:00 AM ET
Startup "demo days" have been flouting the law for years. Here's how they can keep doing so, even though the laws are changing.
FORTUNE -- Beginning on Monday, private companies will be legally permitted to "generally solicit" investors. And it may forever change startup "demo days," which have become ubiquitous in Silicon Valley and beyond.
For decades, private issuers have been prohibited from publicly passing the hat. That's why you've never seen MOREDan Primack - Sep 20, 2013 12:27 PM ET
Despite a slew of private suits, the government apparently can't find anything wrong with Morgan Stanley.Stephen Gandel, senior editor - Aug 26, 2013 5:00 AM ET
Oppenheimer retains ties with controversial private equity executive.
FORTUNE -- More than a year ago, we reported on how a private equity unit of Oppenheimer & Co. had inflated the valuation of one of its investments, in order to help market a new fund. The SEC later charged Oppenheimer with misleading investors, and the firm agreed to pay a penalty, return money to investors and be censured.
What it didn't do, however, was cut MOREDan Primack - Aug 21, 2013 11:26 AM ET
Lots of people at JPMorgan worked together to hide losses from investors and regulators. Only two of them may be going to jail.
FORTUNE -- Long live the Whale.
The most fascinating thing about the government's charge that JPMorgan Chase employees committed fraud in connection with the bank's $6 billion trading loss, and the one that will have the largest reverberations for Wall Street, is not who is being charged, but who MOREStephen Gandel, senior editor - Aug 14, 2013 3:31 PM ET
Fabrice Tourre's courtroom loss should be a reminder of just how pathetic the SEC's financial crimes record has been.Stephen Gandel, senior editor - Aug 2, 2013 9:00 AM ET
The SEC today voted to let hedge funds and others "generally solicit." What does that mean?
FORTUNE -- The Securities and Exchange Commission today voted 4-1 to end a decades-old ban on "general solicitation" by many private issuers, including hedge funds, private equity funds and start-up companies.
The recommendation to do so first appeared in the JOBS Act, a piece of bi-partisan capital markets legislation that became law in March 2012.
In short, MOREDan Primack - Jul 10, 2013 11:24 AM ET
The SEC showed up late to the social media party with its new guidance, and investors now have more questions than answers about how companies can share material information.
By Cyrus Sanati
FORTUNE -- Wall Street will need a bit more clarity on the SEC's new social media policy before anyone feels comfortable enough to hit the "like" button. While many on the Street accept that social media has become a MOREApr 4, 2013 12:29 PM ET
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