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Stories of Interest
- Deutsche Bank Is Weighing Massive Cuts in Its U.S. Cash Equities Unit
- Richard Jenrette, Co-Founder of DLJ Investment Bank, Dies at 89
- Goldman Sachs Makes First Hire in Cryptocurrency Markets Unit
- Special FINRA Election to Fill Large Firm Governor Vacancy
- Chicago-Based Investment Adviser Sentenced to 151 Months in Prison - SEC
- Dun & Bradstreet Hit With FCPA Violations - SEC
- SEC Charges Additional Defendant in Fraudulent ICO Scheme
- Warren Buffett Simply Blew it on Wells Fargo Stock: Dick Bove (Video)
- Barclays and Deutsche Bank to Lag U.S. Trading Peers
- NY AG Schneiderman Seeks to Close Loophole That Could Let Trump Pardons Block State Charges
- 'Fearless Girl' is Moving to NYSE After Year Staring Down 'Charging Bull'
- What's In Your Wallet - American Express Shares Soar After Earnings Release
- Deutsche Bank's Executive Departures Continue Following Change in CEO
- Reflections of an Economist Commissioner (SEC's Piwowar)
- Billionaire HF Manager and The Fed Chair Runner-Up are Investing in New Cryptocurrency
- Court Finds 2 Brokers Liable for Fraud Involving Mortgage-Backed Securities
- One FINRA: An Organization’s Commitment to Diversity and Inclusion
- 2018 GASB Accounting Support Fee to Fund the Governmental Accounting Standards Board
- Barclays Eyes Move Into Cryptocurrency Trading
- Goldman Breaks From Wall Street Pack with Bond-Trading Boom
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NEWSLETTERS & ALERTS
Donald Trump & Co.
Conflicted: Carl Icahn Has Trump’s Ear on Selected Rules
Scenario: You own an oil refinery and aren’t pleased with a federal rule that requires refiners to mix certain levels of renewable fuels into gasoline and diesel. It’s eating into your profits. As an adviser to the President, you submit a rule proposal that would shift the added cost and burden to others.
That’s the case Public Citizen, a government watchdog, is making to Congress in its request to have Carl Icahn investigated for violation of the lobbying disclosure laws.
Icahn, who’s an unpaid adviser to Trump on regulation, doesn’t understand the fuss. Yes, he admits the change would help his 82%-owned company. But the real focus of the benefit is on the entire refining industry.
For the record, Icahn has disclosed his role as a Trump adviser to the SEC, but has not registered as a lobbyist. Accordingly, several Democratic lawmakers have said they want more information about his role in the Trump administration.