A bank settled parallel SEC and Federal Reserve Board charges for (i) extending lines of credit to affiliates of the bank's CEO without the majority approval of its board, (ii) failing to disclose related party loans in annual reports and proxy statements, and (iii) issuing materially misleading statements.
News & Insights
7 News Results
In a report on climate-related financial risk, the Financial Stability Oversight Council identified climate change as an emerging and increasing threat to U.S. financial stability.
The Federal Reserve Bank of New York issued an additional series of FAQs concerning the Primary Market Corporate Credit Facility and the Secondary Market Corporate Credit Facility.
The Federal Reserve Board published FAQs concerning the recently established Commercial Paper Funding Facility.
The Federal Reserve Bank of New York issued a series of FAQs concerning the implementation of the Primary Market Corporate Credit Facility and the Secondary Market Corporate Credit Facility.