Monthly Archives: January 2016

Ex-Fannie Mae boss’s lawyer: SEC lacks civil fraud evidence – Houston Chronicle

A former Fannie Mae top executive didn’t mislead investors about the mortgage giant’s exposure to subprime mortgages just before the housing bubble burst and should not face a civil trial in Manhattan, his lawyer said Wednesday. Attorney John Keker asked U.S. District Judge Paul Crotty to dismiss civil fraud charges brought four years ago against ex-Fannie Mae CEO Daniel Mudd.…

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SEC Expands Cybersecurity Compliance Requirements For 2016 | Password Protected

On January 11, 2016, the Securities and Exchange Commission announced the 2016 examination priorities list. For the third year in a row, cybersecurity is a top concern, especially with regard to internal security program assessment and evaluation.  This year the Office of Compliance Inspections and Examinations (OCIE) will focus on cybersecurity protocols implemented by financial firms to protect consumer information…

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