US
Company: Banco Santander
Tuesday’s Headlines: Representative of Mutual Fund Companies Takes Aim at Proposed SEC Rule
A proposed controversial rule change by the Securities and Exchange Commission that would allow private securities like hedge funds to advertise has aroused the ire of the mutual fund industry. The rule change, which is mandated under the Jumpstart Our Business Startups Act, will affect private securities that are exempt from registration and sold only […]
Tuesday’s Headlines: BofA and JPMorgan Chase’s foreclosure units are understaffed
JPMorgan Chase and Bank of America struggled to hire and retain qualified staffers to plow through the masses of foreclosure applications, the banks admitted to regulators. The Federal Reserve has been investigating customer complaints about banks’ administrative mixups that cost some of them their homes. Bloomberg details the mess in an article, in which JPMorgan […]
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