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NEW YORK (Legal Newsline) — New York Attorney General Eric Schneiderman says to expect more banks to settle over their residential mortgage-backed securities. On Tuesday, Schneiderman, other state attorneys general, the U.S. Department of Justice and a state and federal … Read More
NEW YORK (Legal Newsline) — New York Attorney General Eric Schneiderman announced Tuesday that a state and federal working group he co-chairs, along with the U.S. Department of Justice, have reached a $13 billion settlement with JPMorgan Chase. The agreement … Read More
TUCSON, Ariz. (Legal Newsline) — The Arizona Supreme Court said this week that the state legislature wasn’t wrong to take $50 million from a court-ordered trust fund set up to help residents hurt by the foreclosure crisis. In May 2012, … Read More
NEW YORK (Legal Newsline) – New York Attorney General Eric Schneiderman remarked on the threat to financial markets Tuesday posed by high-frequency trading, the illicit sale of early access to market-moving information and early access to analyst reports. Schneiderman made the … Read More
LITTLE ROCK, Arkansas (Legal Newsline) — Arkansas Attorney General Dustin McDaniel co-hosted two roundtable discussions Monday with the head of the Consumer Financial Protection Bureau and Arkansas consumer advocates. McDaniel requested that Richard Cordray, the director of the CFPB and … Read More
NEW YORK (Legal Newsline) – New York Attorney General Eric Schneiderman discussed progress made in the last two years Friday in holding certain entities responsible for the misconduct that caused the global financial crisis. Schneiderman made the statement on the five-year … Read More
WASHINGTON (Legal Newsline) — President Barack Obama met with a group of financial regulators Monday afternoon. According to a White House “readout” of the meeting — which was closed-door — Obama met with: Comptroller of the Currency Thomas Curry, Consumer … Read More