Create your own free news widgets.

Spurred by the surprise emergence of new evidence on a computer hard drive, the Securities and Exchange Commission has reopened a major insider trading investigation it was strongly criticized for dropping, people with knowledge of the case said. The inquiry has to do with giant hedge fund Pequot Capital Management and its chairman and C.E.O., Arthur Samberg. Portfolio.com has learned that within the last two weeks the S.E.C. issued a subpoena in the case, a step taken only in a formal investigation approved by senior agency officials. Reopening the investigation marks a new embarrassment for the beleaguered S.E.C., suggesting that, as in the Bernard Madoff case, it may have failed earlier to follow up adequately on strong indications of possible wrongdoing. People close to the case said the subpoena is for the hard drive from a computer owned by David Zilkha, a former Microsoft employee who briefly worked for Pequot in 2001. The S.E.C. and other federal investigators already have p

WASHINGTON (MarketWatch) - Senate Banking Committee chairman Christopher Dodd on Wednesday scheduled an oversight hearing for Jan. 15 to review President Elect Barack Obama's nominee to head the Securities and Exchange Commission, Mary Schapiro, and other key nominees. Dodd and other lawmakers are expected to scrutinize Schapiro's qualifications and question her about whether she plans to press for the combination of the SEC and the Commodities Futures Trading Commission. In addition to Schapiro, Daniel Tarullo who is designated to join the board of governors of the Federal Reserve System, is scheduled to testify before the committee. Christina Romer, who is designated to chair the Obama administration's Council of Economic Advisors and two other members of the advisory committee are also scheduled to appear before the panel. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Share prices on the London Stock Exchange were lower Wednesday.The FTSE-100 share index closed down 131.41 points, or 2.83 percent, at 4,507.51.

FOREX ADVANTAGESExaminer.com - 21 minutes agoget you ever given some thought to trading FX, which is also known as currency, forex, or foreign exchange? While this is not the like as trading sure ...

AP - Share prices on the London Stock Exchange were lower Wednesday.

Direction and volatility are still highly uncertain for the broader currency market. However, in falling in line with momentum and fundamental, our proposed...

Forex trading has become more and more popular ever since it was opened to public trading in 1998. There are many people attempting to profit from this massive currency market, and 95% of them lose money in the long run.

If you are interested in Forex you should know that it is part of financial market implying speculations on currencies rise and fall. Any of speculative markets is connected with a risk of money loosing. Forex market in this connection is one of the most risky ones, that is why before taking a decision on entering trading be ready to lose certain amount of money that was meant for gaining profit.

AP - The U.S. dollar was mostly down against other major currencies in European trading Wednesday. Gold rose.

Forex robots allow you to trade currencies using automated software. Some creators say you can make easy money without investing much time. Those products are scams. There are Forex robots that work. You just need to know what to look for.