Ameriprise Financial Services Inc. will pay $4.5 million to settle charges that it failed to safeguard retail investor assets from theft by its representatives. According to the SEC’s order, five Ameriprise representatives committed numerous fraudulent acts, including forging client documents,…

Post Acute Medical, LLC, a Pennsylvania-based operator of long‑term care and rehabilitation hospitals across the country, and certain affiliated entities through which the company operates its facilities (collectively, “PAM”), have agreed to pay the United States, Texas, and Louisiana a…

WASHINGTON – Agricultural producers have new resources available to them to prepare for and recover from impacts of natural disasters on the U.S. Department of Agriculture’s new website, farmers.gov. The site has updated tools and information to help agricultural producers…

Settlement Is Largest Penalty Imposed On A Single Entity By The Justice Department For Financial Crisis-Era Misconduct The Justice Department has reached a $4.9 billion settlement with The Royal Bank of Scotland Group plc (RBS) resolving federal civil claims that…

WASHINGTON, D.C. — A federal district court in the Western District of Missouri entered an Order effectuating a settlement between the Bureau of Consumer Financial Protection (Bureau) and Richard Moseley, Sr., Richard Moseley, Jr., and 20 interrelated corporate entities controlled…

Changes Will Ease Burden on Financial Institutions and Reduce Risk of Consumer Confusion WASHINGTON, D.C. – The Bureau of Consumer Financial Protection (Bureau) finalized amendments to implement legislation that allows financial institutions that meet certain requirements to be exempt from…

Washington, DC – The Commodity Futures Trading Commission (CFTC) has issued an Order filing and settling charges against Lansing Trade Group, LLC (Lansing), a commodity merchandising firm with headquarters in Overland Park, Kansas, for the attempted manipulation of the price…

Minority- and women-owned firms awarded contracts worth $109 million The team building the Loop 202 South Mountain Freeway, Arizona’s largest single highway project ever, has awarded more than $100 million in contracts to local small businesses run by socially and…

Patent highlights 228-year history and strength of American intellectual property system WASHINGTON - The United States Patent and Trademark Office (USPTO) today issued U.S. patent number 10 million. More than just a number, patent 10 million celebrates the rich history…

The Securities and Exchange Commission has charged Merrill Lynch, Pierce, Fenner & Smith with misleading customers about how it handled their orders. Merrill Lynch agreed to settle the charges, admit wrongdoing, and pay a $42 million penalty. According to the…

Washington, DC – The Commodity Futures Trading Commission (CFTC or Commission) has issued an Order filing and settling charges against JPMorgan Chase Bank, N.A. (JPMC) for attempted manipulation of the ISDAFIX benchmark and requiring JPMC to pay a $65 million…

The BHP Board has approved US$2.9 billion (BHP share; US$3.4 billion 100 per cent)1 in capital expenditure for the South Flank project in the central Pilbara, Western Australia. BHP President Operations, Minerals Australia, Mike Henry, said the South Flank project…