March 2020 Employment Situation — 2020-04-03
(NOTE: BLS reissued this news release on September 23, 2020, to address minor data errors associated with the introduction in January 2020…
Investing
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Investing
Commissioner's Statement on the Employment Situation News Release — 2020-04-03
Advance copies of this statement are made available to the press under lock-up conditions with the explicit understanding that the data are…
Banking
FDIC Extends Comment Period on Modernizing Brokered Deposit Restrictions — 2020-04-03
WASHINGTON – In light of the challenges associated with COVID-19, the Federal Deposit Insurance Corporation (FDIC) today announced that it will extend…
Banking
MVB Bank, Inc. of Fairmont, West Virginia, Acquires The First State Bank, Barboursville, West Virginia — 2020-04-03
The First State Bank, based in Barboursville, West Virginia, was closed today by the West Virginia Division of Financial Institutions, which appointed…
Banking
Joint Release/Federal Agencies Encourage Mortgage Servicers to Work With Struggling Homeowners Affected by COVID-19 — 2020-04-03
Federal Agencies Encourage Mortgage Servicers to Work With Struggling Homeowners Affected by COVID-19 The federal financial institution regulatory agencies and the state…
Banking
FDIC Issues List of Banks Examined for CRA Compliance — 2020-04-03
The Federal Deposit Insurance Corporation (FDIC) today issued its list of state nonmember banks recently evaluated for compliance with the Community Reinvestment…
Stocks
SEC Awards Approximately $2 Million to Whistleblower
The Securities and Exchange Commission today announced an award of approximately $2 million to a whistleblower who provided vital information and assistance…
Banking
Joint Release/Agencies Will Consider Comments on Volcker Rule Modifications Following Expiration of Comment Period — 2020-04-02
Agencies Will Consider Comments on Volcker Rule Modifications Following Expiration of Comment Period Five federal financial regulatory agencies on Thursday announced that…
Stocks
Agencies Will Consider Comments on Volcker Rule Modifications Following Expiration of Comment Period
Five federal financial regulatory agencies today announced that they will consider comments submitted before May 1, 2020, on their proposal to modify…
Stocks
SEC Obtains Judgment Against Promoter Who Fraudulently Raised $3 Million for Christian Concerts
The Securities and Exchange Commission has obtained a final judgment against Christian concert promoter Jeffrey E. Wall, of Freeport, Maine, and his…
Investing
May 2019 Occupational Employment and Wages — 2020-03-31
Installation, maintenance, and repair occupations had employment of 5.7 million in May 2019, representing 3.9 percent of total national employment, the U.S.…
Stocks
SEC Small Business Advocate to Host Virtual Coffee Breaks Discussing Small Business Capital Raising
The Securities and Exchange Commission’s Office of the Advocate for Small Business Capital Formation is hosting a series of virtual coffee breaks…
Stocks
SEC Announces Ad Hoc Meeting of Small Business Capital Formation Advisory Committee in Response to COVID-19 Challenges Faced By Small Businesses
The Securities and Exchange Commission today announced that its Small Business Capital Formation Advisory Committee will host a meeting via video conference…
Stocks
SEC Awards $450,000 to Whistleblower
The Securities and Exchange Commission today announced an award of $450,000 to a whistleblower whose significant information helped focus an ongoing investigation…
Investing
State Employment and Unemployment (Monthly) News Release — 2020-03-27
Unemployment rates were lower in February in 8 states, higher in 1 state, and stable in 41 states and the District of…
Banking
Joint Release/Agencies Announce Two Actions to Support Lending to Households and Businesses — 2020-03-27
Agencies Announce Two Actions to Support Lending to Households and Businesses The federal bank regulatory agencies today announced two actions to support…
Banking
FDIC Makes Public February Enforcement Actions — 2020-03-27
No Administrative Hearings Scheduled for April 2020 The Federal Deposit Insurance Corporation (FDIC) today released a list of orders of administrative enforcement…
Banking
Joint Release/Federal Agencies Encourage Banks, Savings Associations and Credit Unions to Offer Responsible Small-Dollar Loans to Consumers and Small Businesses Affected by COVID-19 — 2020-03-26
Federal Agencies Encourage Banks, Savings Associations and Credit Unions to Offer Responsible Small-Dollar Loans to Consumers and Small Businesses Affected by COVID-19…
Banking
FDIC Chairman Addresses FSOC; Underscores Banks and Deposits Remain Safe — 2020-03-26
WASHINGTON—Federal Deposit Insurance Corporation (FDIC) Chairman Jelena McWilliams today addressed the Financial Stability Oversight Council (FSOC), highlighting the agency's ongoing efforts to…
Stocks
SEC Provides Additional Temporary Regulatory Relief and Assistance to Market Participants Affected by COVID-19
Today, the Securities and Exchange Commission announced that it is providing additional temporary regulatory relief to market participants in response to the…
Investing
Secretary Mnuchin on CNBC
Today, Secretary Mnuchin discussed the economic relief package for American workers and businesses on CNBC's "Squawk on the Street."On Congressional Negotiations: "I…
Investing
SEC Extends Conditional Exemptions From Reporting and Proxy Delivery Requirements for Public Companies, Funds, and Investment Advisers Affected By Coronavirus Disease 2019 (COVID-19)
Today, the Securities and Exchange Commission announced that it is extending the filing periods covered by its previously enacted conditional reporting relief…
Investing
2019 Multifactor Productivity Trends — 2020-03-24
Private nonfarm business sector multifactor productivity increased 0.9 percent in 2019, the U.S. Bureau of Labor Statistics reported today. (See table A.)…
Stocks
SEC Charges Unregistered Penny Stock Dealer
The Securities and Exchange Commission today announced charges against Justin W. Keener d/b/a JMJ Financial for failing to register as a securities…