SEC enforcement

Can Scott Powell bring stability to Santander’s embattled U.S. auto unit?

08/28/17

Powell downplayed fears about subprime auto lending, saying he aims to improve Santander Consumer's compliance culture, beef up customer services and expand its relationship with Chrysler Capital.

[more]

Barclays to pay $97 million on claims it overcharged clients

05/10/17

The London-based bank overbilled customers by nearly $50 million through violations including collecting excess mutual fund fees.

[more]

Banking panel approves Clayton as SEC chairman

04/04/17

The Senate Banking Committee approved the nomination of Jay Clayton as chairman of the Securities and Exchange Commission in a 15-8 vote on Tuesday.

[more]

SunTrust probed over mutual fund sales

02/27/17

The SEC is investigating the bank for selling clients mutual funds that charge marketing fees when other, cheaper funds were available. SunTrust expects an enforcement action.

[more]

Banc of California to pay ex-CEO Sugarman $4M after his resignation

01/27/17

Sugarman left less than two weeks after the SEC launched an investigation into company statements.

[more]