SEC Charges South Carolina Energy Companies, Former Executives With Defrauding Investors
The Securities and Exchange Commission today charged SCANA Corp., two of its former top executives, and South Carolina Electric & Gas Co.…
Stocks
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Stocks
SEC Charges Wells Fargo In Connection With Investment Recommendation Practices
The Securities and Exchange Commission today announced settled charges against Wells Fargo Clearing Services and Wells Fargo Advisors Financial Network for failing…
Crypto
Actor Steven Seagal Charged With Unlawfully Touting Digital Asset Offering
The Securities and Exchange Commission today announced settled charges against actor Steven Seagal for failing to disclose payments he received for promoting…
Investing
2019 Persons with a Disability: Labor Force Characteristics — 2020-02-26
In 2019, 19.3 percent of persons with a disability were employed, the U.S. Bureau of Labor Statistics reported today. In contrast, the…
Stocks
G. Jeffrey Boujoukos, Director of the Philadelphia Regional Office to Leave the SEC
The Securities and Exchange Commission today announced that G. Jeffrey Boujoukos, the Director of its Philadelphia Regional Office, will leave the agency…
Banking
FDIC-Insured Institutions Reported Net Income of $55.2 Billion in Fourth Quarter 2019 — 2020-02-25
FDIC-Insured Institutions Reported Net Income of $55.2 Billion in Fourth Quarter Full–Year 2019 Net Income Declined 1.5 Percent to $233.1 Billion…
Investing
EVENT POSTPONED: SEC to Hold National Compliance Outreach Seminar for Investment Companies and Investment Advisers
Given concerns about coronavirus and out of an abundance of caution, we have decided to postpone the National Compliance Outreach Program Seminar…
Banking
FDiTech Releases New Guide to Help 'FinTechs' Connect with Banks — 2020-02-24
FDIC seeks to promote innovation in banking to meet growing consumer demand WASHINGTON – In its continuing effort to encourage technological innovation…
Banking
FDIC Recognizes Four Institutions for Expanding Financial Literacy — 2020-02-24
Organizations honored during America Saves Week WASHINGTON – As America Saves Week approaches, the Federal Deposit Insurance Corporation (FDIC) today is recognizing…
Stocks
SEC Updates List of Firms Using Inaccurate Information to Solicit Investors
The Securities and Exchange Commission today announced that it updated its Public Alert: Unregistered Soliciting Entities (PAUSE) list by adding 25 soliciting…
Banking
Joint Release/Federal Banking Agencies Host the 2020 National Interagency Community Reinvestment Conference — 2020-02-21
Federal Banking Agencies Host the 2020 National Interagency Community Reinvestment Conference The 2020 National Interagency Community Reinvestment Conference takes place in Denver…
Stocks
Wells Fargo to Pay $500 Million for Misleading Investors About the Success of Its Largest Business Unit
The Securities and Exchange Commission today charged California-based Wells Fargo & Co. for misleading investors about the success of its core business…
Investing
County Employment and Wages News Release — 2020-02-20
From September 2018 to September 2019, employment increased in 283 of the 355 largest U.S. counties, the U.S. Bureau of Labor Statistics…
Investing
January 2020 Producer Price Index — 2020-02-19
The Producer Price Index for final demand advanced 0.5 percent in January, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today.…
Banking
FDIC Announces Members for the Advisory Committee of State Regulators — 2020-02-19
WASHINGTON – The Federal Deposit Insurance Corporation (FDIC) has announced the selection of 15 members for its recently established Advisory Committee of…
Banking
Joint Release/FDIC and OCC Announce 30-day Extension of Comment Period for Community Reinvestment Act Regulations — 2020-02-19
FDIC and OCC Announce 30-day Extension of Comment Period for Proposed Changes to Community Reinvestment Act Regulations WASHINGTON – The Federal Deposit…
Banking
FDIC Seeks Information on How to Modernize Signage and Advertising Requirements — 2020-02-19
New standards considered to reflect developments in banking, prevent fraud, avoid consumer confusion WASHINGTON – The Federal Deposit Insurance Corporation (FDIC) today…
Investing
ICO Issuer Settles SEC Registration Charges, Agrees to Return Funds and Register Tokens As Securities
The Securities and Exchange Commission today announced settled charges against blockchain technology startup Enigma MPC for conducting an unregistered offering of securities…
Stocks
SEC Charges Global Alcohol Producer with Disclosure Failures
The Securities and Exchange Commission announced charges against alcohol producer Diageo plc for failing to make required disclosures of known trends relating…
Stocks
SEC Charges Real Estate Company and Executives With Defrauding Retail Investors, Obtains Emergency Relief
The Securities and Exchange Commission today announced an emergency enforcement action and a temporary restraining order and asset freeze against Florida-based private…
Investing
January 2020 U.S. Import and Export Price Indexes — 2020-02-14
U.S. import prices were unchanged in January, the U.S. Bureau of Labor Statistics reported today, following 0.2-percent advances the 2 previous months.…
Banking
FDIC Releases Economic Scenarios for 2020 Stress Testing — 2020-02-14
WASHINGTON -- The Federal Deposit Insurance Corporation (FDIC) today released the hypothetical economic scenarios for use in the upcoming stress tests for…
Banking
Farmers and Merchants Bank Assumes All of the Deposits of Ericson State Bank, Ericson, Nebraska — 2020-02-14
WASHINGTON — Ericson State Bank in Ericson, Nebraska, was closed today by the Nebraska Department of Banking and Finance, which appointed the…
Stocks
SEC Proposes to Modernize Key Market Infrastructure Responsible for Collecting, Consolidating, and Disseminating Securities Market Data
The Securities and Exchange Commission today proposed to modernize the infrastructure for the collection, consolidation, and dissemination of market data for exchange-listed…