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Stories of Interest
- Citigroup Raises CEO Corbat's Pay 48% to $23Mn
- Should Congress Create a Crypto-Cop?
- JPMorgan Weighs Buying an Exchange-Traded Funds Firm
- Hey, Goldman Sachs: Wanna Buy BNY Mellon?
- SEC Order Rejecting Acquisition of Chicago Stock Exchange (CSX) by Chinese-Baesd Company
- Kyle Moffatt Named Chief Accountant in SEC CorpFinance
- SEC Suspends Trading in 3 Issuers Claiming Involvement in Cryptocurrency and Blockchain Technology
- Karen Garnett, Assoc. Director of SEC CorpFinance, to Leave After 23 Years of Service
- Louisiana Adviser Barred for Hiding Losses from Investors
- Connecticut HF Manager Illegally Diverted Investor Money - Now Owes Nearly $13Mn
- White House Cleaning House of Advisors Without Full Security Clearance
- Goldman Projects 30% Growth in Wealth Management Advisor Force
- Whistleblower Alleges Manipulation of CBOE Volatility Index
- FINRA Looking Into VIX (CBOE Volatility Index) Manipulation: WSJ
- Atlanta-Area Resident Charged with Misusing Investor Funds - SEC
- FINRA Announces 2018 West Region Networking Seminar
- Alberto Arevalo, Associate Director in Office of International Affairs, to Retire From SEC
- A Culprit for Financial Site Glitches: You and Your Apps
- Investor Protection, Capital Formation and Market Integrity Are Top Priorities in SEC Budget Request
- We Must Stop Out-Of-Control Trading or U.S. Capitalist System Will Break Down - Dick Bove
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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.