The Financial Reporting Council has taken steps to promote a better understanding of explanations under its 'comply or explain' approach to corporate governance in a recent paper.

The New York Times reports that current pushback against the Volcker Rule is the latest effort under way on Wall Street to mute the impact of Dodd-Frank.

The New York Times reports that even as the Securities and Exchange Commission has stepped up its investigations of Wall Street in the last decade, the agency has repeatedly allowed the biggest firms to avoid punishments specifically meant to apply to fraud cases.

Commodity Futures Trading Commission and the Securities and Exchange Commission have jointly conducted a study on how swaps and security-based swaps are regulated in the United States, Asia, and Europe.