CFPB Director Rohit Chopra decried the trend toward bank consolidation and proposed reforms to bank merger policy.
News & Insights
1920 News Results
The FDIC proposed amendments to its Statement of Policy on Bank Merger Transactions relevant to all insured depository institutions.
The Federal Reserve Bank and the Office of the Comptroller of the Currency fined a bank for failing to monitor firm and client trading activities.
A firm settled FINRA charges for improperly programming trading algorithms, which resulted in orders being improperly sent to the market.
A firm settled with FINRA for charging unfair prices in corporate and municipal bond transactions and for failing to establish and maintain a supervisory system reasonably designed to achieve compliance with its fair pricing obligations.