News bites: Obama to name Labor secretary Monday

By Ben Goad - 03/18/13 08:14 AM ET

The president is expected to nominate assistant U.S. Attorney General Thomas Perez to succeed former Labor Secretary Hilda Solis, The Washington Post reports.

The Commodity Futures Trading Commission is investigating suspected “wash trades” at high-speed firms, according to Reuters.

The $616 million settlement between the Securities and Exchange Commission and SAC Capital over insider-trading allegations is drawing scrutiny from the firm’s competitors, The New York Times reports.

In Britain, lawmakers have struck a deal on a proposal to regulate newspapers, according to The Times.

From the weekend on RegWatch:

States are issuing a loud warning shot to the federal government over forthcoming gun controls, taking up consideration of more than 70 bills in 28 states that seek to nullify tightened rules.

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