This week, the standoff in Panama involving the Trump Organization and the hotel owner has ended, but ethics experts are worried the problems could be just beginning, questions surrounding Kushner Companies loans emerge and the FBI is looking into the Trump hotel deal in Vancouver.Continue reading
This week's round-up of news and analysis regarding President Trumps' conflicts of interest.Continue reading
The way Trump uses corporate control to affect his political power may present a bigger risk than the way he uses political power to affect his personal finances.Continue reading
To prevent even the appearance of corruption, Donald Trump must take swift action to eliminate the numerous conflicts of interest stemming from his business empire.Continue reading
The least transparent presidential nominee in modern history needs to take immediate steps to avoid becoming the most corrupt president... View ArticleContinue reading
Utah is prominently publishing conflict of interest information online for all state lawmakers.Continue reading
Many local government officials have to disclose information about potential conflicts of interest, but this information is difficult to find released as open data.Continue reading
A week before Commodity Futures Trading Commission (CFTC) commissioners unanimously approved new rules restricting how brokerage firms may invest customer funds, executives from Newedge, which had pushed against the rules along with the now bankrupt firm MF Global, attended several meetings with high ranking CFTC officials.
However, not all of these meetings were disclosed on the agency's official logs that track meetings of CFTC officials with outsiders on implementation of the Dodd-Frank financial law.
On November 28, the CEO and high level executives from Newedge, a global brokerage firm, attended two meetings at the CFTC, according to meeting log ...Continue reading
Moody's credit rating service -- one of the major credit rating agencies that was cited as a contributor to the 2008 financial meltdown -- has more employees go through the revolving door to work at companies they used to rate than any other credit rating agency, according to new Securities and Exchange Commission (SEC) filings required under the Dodd-Frank financial law.
Eighty-two Moody's employees have moved on to jobs at big banks such as Credit Suisse, Morgan Stanley, and Bank of America over the past five years, according to the filings, which are available here. This is nearly four times ...Continue reading
Late last year MF Global—the failed investment firm headed by Democratic heavyweight Jon S. Corzine that can't account for as much as $900 million of its clients' money--urged a federal agency to allow futures firms to invest funds from their customer segregated accounts in foreign sovereign debt.
In a December 2010 comment letter to the Commodities Future Trading Commission (CFTC), MF Global, along with another firm, Newedge, argued that the agency’s proposal to disallow such investments “is unnecessary, and will eliminate a liquid, secure, profitable and necessary category of investment....no foreign country that actually defaulted on ...Continue reading