Behind Your Business

Reuters - The captains of Wall Street have picked a presidential candidate for 2012 and it is Republican Mitt Romney, rather than Democratic President Barack Obama, campaign donation records show.

AP - The Justice Department announced Thursday that it will allow the creation of the world's largest stock exchange operator after the German conglomerate that wants to buy the New York Stock Exchange sells its stake in a third, smaller American stock exchange operator.

Reuters - The Securities and Exchange Commission should not get a budget boost until it dedicates its existing resources to reforming its internal operations, two key House Republican lawmakers said on Wednesday.

Reuters - An explicit ban on insider trading by federal lawmakers could narrow existing law covering the conduct, a top Securities and Exchange Commission official warned on Tuesday.

Reuters - U.S. Securities and Exchange Commission Chairman Mary Schapiro is asking Congress to expand its powers so it can impose tougher financial penalties against wrongdoers on Wall Street.