Tuesday, August 20, 2013

Reuters: Regulatory News: PRESS DIGEST-Wall Street Journal - Aug 21

Reuters: Regulatory News
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PRESS DIGEST-Wall Street Journal - Aug 21
Aug 21st 2013, 05:37

Wed Aug 21, 2013 1:37am EDT

Aug 21 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

* Insurers and the Obama administration are racing to sign Hispanics up for coverage under the federal health overhaul, eager to reach a segment of the U.S. population that offers huge opportunity but also presents many challenges. ()

* Mary Jo White is the Securities and Exchange Commission's third boss in nine months. In barely the past year, four of the agency's five divisional chiefs have stepped down, including the top SEC officials for trading and markets, corporation finance and enforcement, along with four of the 11 regional directors in offices scattered across the United States. ()

* Goldman Sachs Group Inc sent waves of erroneous orders into the stock-options market on Tuesday morning, the latest technical glitch to roil market prices and bedevil traders and regulators. ()

* Aubrey McClendon, one of America's best known wildcatters, is betting again on striking it big in Ohio as he builds a new oil and gas exploration company. McClendon is close to completing an agreement to get more than $500 million from the Energy & Minerals Group, a Houston firm run by John Raymond, son of former Exxon Mobil Corp Chief Executive Lee Raymond, according to people close to the deal. ()

* The National Security Agency, which possesses only limited legal authority to spy on U.S. citizens, has built a surveillance network that covers more Americans' Internet communications than officials have publicly disclosed, current and former officials say. ()

* Attorney General Eric Holder said the Justice Department is nearing decisions on a number of probes involving large financial firms and that he plans to announce new cases stemming from the economic meltdown in the coming months. ()

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