Regulators would have to look at how the funds are used, and the banks would be required to file quarterly reports on the amount of lending attributable to the financial assistance. The Congressional Oversight Panel, created to oversee the expenditure of TARP money, today also released its second monthly report, saying that it had been unable to get answers on what banks are doing with taxpayer money they have received.
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Subscribe for original insights, commentary and discussions on major news stories of the week, from the InvestmentNews team. Regulator proposes allowing people with some professional financial certifications, such as Series 7, 65 and 82 licenses, to qualify as accredited investors. Clearing powerhouse will support more than 70 fee-based annuities from 18 carriers.
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A new report from the private bank rejects the idea that a recession is imminent. Recent Articles by Author. SEC plan would open hedge funds, unicorns to more investors Regulator proposes allowing people with some professional financial certifications, such as Series 7, 65 and 82 licenses, to qualify as accredited investors. Citi tells rich clients to stop being so nervous about stocks A new report from the private bank rejects the idea that a recession is imminent.
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The Hartford says yes to TARP funds
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