SEC Sets Aside $452 Million for Whistleblowers

A new report from from the Securities and Exchange Commission shows that the agency has set aside $452 million to establish a new “whistleblower” fund.

Earlier this year, as part of sweeping financial reform regulation, the SEC received more authority to pay whistleblower awards and enhance the anti-retaliation protections available to whistleblowers.

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For nearly two years, the…

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SEC Sets Aside $452 Million for Whistleblowers originally appeared on DailyFinance on Sat, 30 Oct 2010 11:10:00.

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Mortgage Lenders May Meet With Foreclosure Task Force Today

A government task force investigating the foreclosure crisis may meet with mortgage lenders as soon as today, Bloomberg News reported.

Attorneys general in all 50 states are investigating claims that lenders used flawed paperwork to foreclose on hundreds of thousands of homes.

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“The banks want to sit down with the attorneys general. These meetings are being set up,” Colorado Attorney…

Continue reading Mortgage Lenders May Meet With Foreclosure Task Force Today

Mortgage Lenders May Meet With Foreclosure Task Force Today originally appeared on DailyFinance on Thu, 28 Oct 2010 08:06:00.

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Mortgage Lenders May Meet With Foreclosure Task Force Today

A government task force investigating the foreclosure crisis may meet with mortgage lenders as soon as today, Bloomberg News reported.

Attorneys general in all 50 states are investigating claims that lenders used flawed paperwork to foreclose on hundreds of thousands of homes.

Sponsored Links

“The banks want to sit down with the attorneys general. These meetings are being set up,” Colorado Attorney…

Continue reading Mortgage Lenders May Meet With Foreclosure Task Force Today

Mortgage Lenders May Meet With Foreclosure Task Force Today originally appeared on DailyFinance on Thu, 28 Oct 2010 08:06:00.

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Visa Earnings Soar: Is Plastic Regaining Its Appeal?

In a sign that consumer spending may be on the rebound, Visa on Wednesday reported its fiscal fourth-quarter profit jumped 51% from a year ago. But shares fell after the company released disappointing guidance for the next year…