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Wall Street - Page 3

U.S. Vows Wall Street crackdown geared toward finding execs behind alleged fraud

The Justice Department is adopting a new policy of requiring corporations involved in investigations to name employees believed to be involved in alleged frauds before consideration is given to the company as a whole. "The rules have just changed,'' Deputy Attorney General Sally Yates says in prepared remarks for an event scheduled for tomorrow. The speech fleshes out details of changes directed by Attorney General Loretta Lynch. Ref. USAToday

Street Wall

U.S. Futures and European stock markets plunge

U.S. Stock futures and European markets plunged Tuesday, as investors remained uncertain about the timing of U.S. Interest rate hikes and awaited the release of China factory data. Ref. Source 7q