Banking and Finance

Recent Posts

Cay Clubs Executives Arrested In Central America To Face U.S. Obstruction And Fraud Charges
Posted on 25 Jun 2014 by Doug Esten

Just weeks after a Florida federal judge dismissed the Securities and Exchange Commission's civil enforcement action accusing five executives of a failed real estate company of operating a $300 million Ponzi scheme, the Department of. Justice announced... Read More

Bank of America to Pay $9.3B to Settle FHFA Securities Claims
Posted on 27 Mar 2014 by Timothy Raub

WASHINGTON, D.C. — (Mealey’s) Bank of America Corp. on Wednesday agreed to pay $9.3 billion to settle claims in four separate lawsuits that it, as well as Merrill Lynch & Co. and Countrywide Financial Corp., sold toxic, private-label,... Read More

Cay Clubs Executives Arrested In Central America To Face U.S. Obstruction And Fraud Charges
Posted on 25 Jun 2014 by Jordan D. Maglich

Just weeks after a Florida federal judge dismissed the Securities and Exchange Commission's civil enforcement action accusing five executives of a failed real estate company of operating a $300 million Ponzi scheme, the Department of. Justice announced... Read More

Commission Lowers Penalties From Third to Second Tier
Posted on 29 Feb 2012 by Robert Fusfeld

Eric J. Brown, Matthew J. Collins, Kevin J. Walsh, Mark W. Wells , Exchange Act Rel. 66469, February 27, 2012 The Commission upheld sanctions against three respondents in connection with sales or supervision of sales of variable annuities. It... Read More