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BankingThe Federal Deposit Insurance Corporation (FDIC) today announced its intentions to centralize the supervision and resolution activities for the largest banks and…

BankingThe Federal Deposit Insurance Corporation (FDIC) today hosted a roundtable with large FDIC-supervised banks and minority depository institutions (MDIs) to foster collaboration…

StocksThe Securities and Exchange Commission today announced that State Street Bank and Trust Company has agreed to pay over $88 million to…

BankingEncourages Collaboration between Financial Institutions and Law Enforcement The Federal Deposit Insurance Corporation (FDIC) and Consumer Financial Protection Bureau (CFPB) are co-hosting…

StocksThe Securities and Exchange Commission today charged a Los Angeles man for his role in a fraudulent scheme to gain undisclosed control…

StocksThe Securities and Exchange Commission today released a full roster of the executive staff of Chairman Jay Clayton, including several individuals who…

StocksThe Securities and Exchange Commission today announced that Holli Heiles Pandol has been named Director of the agency's Office of Legislative and…

StocksThe Securities and Exchange Commission today announced that Bryan Wood has been named the agency's Deputy Chief of Staff. Mr. Wood has…

StocksThe Securities and Exchange Commission today announced that Sean Memon will become the agency’s Chief of Staff. Mr. Memon has served as…

StocksThe Securities and Exchange Commission today announced that SEC Chief of Staff Lucas Moskowitz will leave the agency in early August and…

BankingAnnounces New MDI Initiatives and Publishes Results of New MDI Study The Federal Deposit Insurance Corporation (FDIC) hosted the 2019 Interagency Minority…

BankingThe Federal Deposit Insurance Corporation (FDIC) today announced the appointment of Amy C. Thompson as Director of the Office of Communications. In…

StocksThe Securities and Exchange Commission today announced that Vanessa Countryman has been appointed as the agency’s Secretary. The Secretary is responsible for…

StocksU.S. Securities and Exchange Commission (SEC) Chairman Jay Clayton, U.S. Commodity Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo, and U.K. Financial…

InvestingUnemployment rates were lower in May in 6 states, higher in 2 states, and stable in 42 states and the District of…

StocksThe Securities and Exchange Commission took another significant step toward establishing the regulatory regime for security-based swap dealers today by adopting a…

StocksJurors in Manhattan federal court today returned a verdict in the Securities and Exchange Commission’s favor against a broker who was charged…

StocksThe SEC has charged Ability Inc., an Israel-based intelligence communications company, its wholly-owned subsidiary, and two of its top executives with defrauding…

StocksThe Securities and Exchange Commission today charged Walmart with violating the Foreign Corrupt Practices Act (FCPA) by failing to operate a sufficient…

StocksThe Securities and Exchange Commission today announced charges against five foreign traders for executing illegal matched trades in the stock of Medico…

InvestingIn 2018, 89 percent of full-time employed persons worked on an average weekday, compared with 31 percent on an average weekend day…

StocksSecurities and Exchange Commission Chairman Jay Clayton announced today two events for Main Street investors to be held in Boston on Monday…

InvestingEmployer costs for employee compensation for civilian workers averaged $36.77 per hour worked in March 2019, the U.S. Bureau of Labor Statistics…

StocksThe Securities and Exchange Commission today announced that Wedbush Securities Inc. will pay more than $8.1 million to settle charges for improper…