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Securities regulators have sent subpoenas to hedge funds and other trading firms as it probes possible insider trading before the U.S. government's long-term credit rating was cut last month, the Wall Street Journal said, citing people familiar with the matter.

It is “likely” that the SEC got rid of “some documents” from inquiries it decided not to pursue involving Bernard Madoff and such major financial firms as Goldman Sachs, Bank of America, Lehman Brothers and SAC Capital, a senior SEC official said Wednesday.

Groupon is going to wait at least a couple of weeks before launching the final phase of its initial public offering because regulators still have questions for the daily deals website and the stock market is too volatile, a person familiar with the situation said on Tuesday.

A former Securities and Exchange Commission lawyer has told Congress the regulator has routinely destroyed records of initial investigations ...

The U.S. Securities and Exchange Commission (SEC) has asked rating agency Standard & Poor's (S&P) to disclose which employees knew of its decision to downgrade U.S. debt before it was announced last week, the Financial Times said, citing people familiar with the matter.

Standard & Poor's, whose unprecedented downgrade of U.S. debt triggered a worldwide stocks sell-off, is pushing back against a U.S. government proposal that would require credit raters to disclose "significant errors" in how they calculate their ratings.

The Securities and Exchange Commission dropped its civil administrative proceeding against former Goldman Sachs director Rajat Gupta, saying it was "in the public interest" to dismiss it.

U.S. securities brokers would be more closely scrutinized by accountants and be subject to stricter rules for how they handle their customers' assets under a plan proposed by federal regulators on Wednesday.

A discarded laptop found in the garbage has turned out to be a treasure trove of new information about the only lawsuit the SEC has brought over Wall Street’s mortgage debacle.

A divided Securities and Exchange Commission approved a new program that would compensate whistleblowers whose tips lead to sanctions of over $1 million.