A broker settled SEC charges for making unsuitable recommendations to retail customers to purchase high-risk corporate bonds.
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The American Bankers Association ("ABA") urged policymakers to overhaul the nation’s deposit insurance and bank resolution framework.
FINRA suspended a broker for recommending complex mortgage-backed bonds to an elderly customer.
The Bank Policy Institute urged federal banking agencies to revise and consolidate information on country exposures currently collected on FFIEC reporting forms.
Senate Banking Committee Democrats urged banking regulators to release detailed data and analysis on the economic impacts of a proposed cut to the enhanced supplementary leverage ratio.