The U.S. Court of Appeals for the Tenth Circuit on December 27, 2016, in Bandimere v. SEC, found the Administrative Law Judges (ALJs) used by the U.S. Securities and Exchange Commission (SEC) to hear its administrative...more
1/9/2017
/ Administrative Law Judge (ALJ) ,
Administrative Proceedings ,
Appeals ,
Appointments Clause ,
Constitutional Challenges ,
Dodd-Frank ,
Due Process ,
Enforcement Actions ,
FDIC ,
Federal Bank Regulatory Agencies ,
Office of Financial Institution Adjudication (OFIA) ,
Office of Personnel Management (OPM) ,
Securities and Exchange Commission (SEC) ,
Split of Authority
During 2014, the number of enforcement actions brought by federal banking agencies1 continued a downward trend that began in 2011. Federal banking agencies issued 661 formal enforcement actions, representing more than a 55...more
6/24/2015
/ Banking Sector ,
Choke Point ,
Civil Monetary Penalty ,
Consumer Financial Protection Bureau (CFPB) ,
Corporate Fines ,
Department of Justice (DOJ) ,
Enforcement Actions ,
Enforcement Statistics ,
FDIC ,
Financial Institutions ,
FIRREA ,
Foreign Currency ,
Mortgage-Backed Securities ,
RMBS ,
Strategic Enforcement Plan
Overall Trends & Outlook -
From an enforcement standpoint, 2013 was another historic year in a number of important ways beyond the sheer number of cases, which were again significant. Federal banking agencies1 issued...more
Originally published in BNA’s Banking Report, 100 BBR 617 on 04/02/2013.
Overall Trends & Outlook -
In 2012, the federal banking agencies, including the Federal Deposit Insurance Corporation (‘‘FDIC’’), Office...more
4/4/2013
/ Anti-Money Laundering ,
Consumer Financial Protection Bureau (CFPB) ,
Enforcement Actions ,
Fair Credit Reporting Act (FCRA) ,
Fair Lending ,
FDIC ,
FinCEN ,
Mortgage Reform ,
OCC ,
Office of Foreign Assets Control (OFAC) ,
Unfair or Deceptive Trade Practices