WAIVERS : : : The banks need the waivers from rules that restrict criminals from doing securities business.

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WAIVERS : : : The banks need the waivers from rules that restrict criminals from doing securities business.

WAIVERS : : : The banks need the waivers from rules that restrict criminals from doing securities business.

REUTERS-

A U.S. regulator has granted a series of waivers to JPMorgan Chase & Co (JPM.N) and four other major banks allowing them to continue their usual securities business, after they agreed to plead guilty to criminal charges.

Four of the banks – Barclays Plc (BARC.L), JPMorgan, Citigroup Inc (C.N) and the Royal Bank of Scotland Plc (RBS.L) – pleaded guilty to manipulating foreign exchange rates, while UBS AG (UBSG.VX) pleaded guilty to rigging benchmark interest rates.

At the close of business on Wednesday, all of the various waivers the SEC granted were posted on the agency’s website.

 [REUTERS]

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One Response to “WAIVERS : : : The banks need the waivers from rules that restrict criminals from doing securities business.”

  1. john says:

    put them away & throw away the key fines & money mean nothing. rob them of their freedom

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