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Cease and Desist Orders New Guidance Financial Institutions

Orrick, Herrington & Sutcliffe LLP

FDIC updates its enforcement code providing leeway in terminating orders

On September 8, the FDIC announced it had updated chapter four of its Formal and Informal Enforcement Actions Manual, on Cease-and-Desist Actions, revising the minimum standards for terminating cease-and-desist and consent...more

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