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Regulators are examining whether derivatives trades allowed hedge funds that were engaged in improper fund trading to expand greatly the size of their bets, Mr. Brown said.
The proposed tax would be applied to all trades in stocks, bonds and derivatives that were engaged in by European financial institutions, or in European markets.
Some lawyers say the practices that were engaged in by Countrywide have been going on for years and, without stronger action by government officials, are likely to continue.
Dot-com entrepreneurs are racing to sell investors on what could be the next big start-up company, and many New York businesses that were engaged in e-commerce have turned instead to hatching new Web-based companies.
In 1882 the Standard Oil Company and affiliated companies that were engaged in producing, refining, and marketing oil were combined in the Standard Oil Trust, created by the Standard Oil Trust Agreement signed by nine trustees, including Rockefeller.
In September, Senator Max Baucus, the Montana Democrat who is chairman of the Finance Committee, sent his own letter to the I.R.S., urging the agency to investigate the tax-exempt groups that were engaged in unlawful political activity.
Similar(34)
Krych: Estimote is a technology startup that is engaged in building a sensor-based analytics and engagement platform.
You have foreign powers that are engaged in terrorist activities.
"There are companies that are engaged in spurious lawsuits, seeking settlements that are less than the cost of litigation.
"We have something like 1,000 jobs in Nebraska with a company that is engaged in private lending.
"A church that was engaged in the community, involved, active and taking faith and putting it into practical action".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com