- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
The Federal Reserve Board has ordered Goldman Sachs Group to pay a $36.3 million civil penalty for the unauthorized use and disclosure of confidential supervisory information in presentations to clients and prospective clients. Joe Mont reports.
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The Federal Reserve Board permanently barred from the banking industry former Goldman Sachs Managing Director Joseph Jiampietro after he allegedly misused confidential supervisory information to further his regulatory advisory practice.
The Federal Reserve Board of Governors has terminated a 2016 enforcement action against Goldman Sachs Group ordering the bank to pay $36.3 million for the unauthorized use and disclosure of confidential supervisory information from banking regulators.
RTX Corp., the parent company of Raytheon, disclosed in a public filing it has reserved $1.24 billion to resolve legacy legal matters with the Department of Justice, Securities and Exchange Commission, and Department of State.
