- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
SEC Fiscal Year 2015 enforcement results revealed that for the year ended Sept. 30, 2015, the Commission filed a record-high 807 enforcement actions and obtained orders totaling approximately $4.2 billion in disgorgement and penalties. Of these 807 enforcement actions, 507 were “independent actions,” with the other 300 actions being either ...
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Capital One promised very high interest rates on millions of savings accounts but the bank didn’t deliver, losing customers more than $2 billion, the Consumer Financial Protection Bureau alleged.
Robinhood, a disruptive force in the market for Main Street investors but also a serial offender of securities laws, will pay a total of $45 million to settle numerous violations of SEC rules and regulations by two of its broker-dealers.
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