Athena Capital Research used a trading algorithm code-named "Gravy" to manipulate the closing prices of thousands of stocks on the Nasdaq market.
The Securities and Exchange Commission says Bank of America will pay $7.65 million to settle allegations that it overstated how much capital it had on its books.
The award is going to a whistleblower who provided key information that led to an enforcement action in a fraud case.
Federal regulators are scrutinizing a type of mutual fund that's potentially riskier than conventional funds and is growing in popularity, prompting concerns over possible harm to ordinary investors.
Morgan Stanley has agreed to pay $275 million to settle U.S. civil charges that it misled investors about risky mortgage bonds it sold ahead of the 2008 financial crisis.
State Sen. Lee Zeldin will now face off against Rep. Tim Bishop in November, while DA Kathleen Rice will take on Bruce Blakeman for Rep. Carolyn McCarthy's seat.
Former Agape World broker Bryan Arias pleaded guilty to fraud charges in federal court in Central Islip Friday afternoon.