Year: 2011

The New York Attorney General added Martin Act securities fraud claims and other charges to a whistleblower complaint in taking over a suit against Bank New York Mellon. The complaint centers on claims that the bank made almost $2 billion …

NY AG CHARGES BANK OF NEW YORK MELLON WITH SECURITIES FRAUD Read More »

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Rating agencies, officially known as nationally recognized statistical rating organizations or NRSROs, played a key role in the evolution of the market crisis. Accordingly, the Dodd-Frank Wall Street Reform and Consumer Protection Act included a series of provisions bolstering their …

KEY FINDINGS OF THE STAFF REPORT ON RATING AGENCIES Read More »

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