Merrill Lynch was forced to pay a penalty of $10 million and agree to a cease-and-desist order after the SEC charged the investment bank with misusing information
Getting in Front of Bad News: What Do You Say to Your Customers When There Is Negative Information Involving Your Bank? Saying Nothing about the Receipt of a 'Cease and Desist' Order, for Example, Is Not an Option 来自 questia.com 喜欢 0 阅读量: 11 作者: CC Evert 摘要: In today'...
By thetime you've had over thirty, there should be a cease and desist order against them. They're not unusual. Everybody has them and at the same rate as everybody else - one ayear. They happen whether you want them to or not. Believe me, I know. I've had quite a fewand look...
The coinsurance clause will only be in effect at the event ofpropertyloss. During a loss, the insurance limit and the required amount to be used for insurance based on the coinsurance percentage are compared and must have a ratio equal to or greater than one, else, a penalty will be given...
The OCC has a host of choices at its disposal when it comes to disciplining banks that violate banking laws or fail examination. Penalties can include simple requirements that a bank change its practices, cease and desist orders, fines and even the removal of the bank's officers or directors...