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WASHINGTON - SEPTEMBER 18: The U.S. Securities and Exchange Commission seal hangs on the facade of its building September 18, 2008 in Washington, DC. Republican presidential candidate Sen. John McCain (R-AZ) has called for the ouster of SEC Chairman Christopher Cox in the wake of the collapse of several giant banks on Wall Street and the resulting financial crisis. (Photo by Chip Somodevilla/Getty Images)

SEC Being Sued Over Mass Financial Data Collection

New Civil Liberties Alliance (NCLA) filed a complaint against the U.S. Securities and Exchange Commission (SEC) challenging the agency’s  “Consolidated Audit Trail” (CAT), they call unconstitutional.

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Traders work on the trading floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 4, 2024. REUTERS/Andrew Kelly

Wall St slips after big bank earnings

Wall Street’s main stock indexes as some big banks dipped after reporting dour quarterly results and most megacap growth stocks and chipmakers receded.

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