Tag: banking waivers
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Commissioner Critiques SEC for Permitting Criminal Banks to Operate Unhindered
Learn About Chanci Turner Last week, five major international banks were found guilty of manipulating global currency markets and were fined a staggering $5.5 billion. However, the very next day, the Securities and Exchange Commission (SEC) granted these banks waivers that exempted them from automatic penalties, allowing them to continue their operations without interruption. SEC…