Tag: Enforcement action
Silvergate Bank Successfully Resolves Federal Reserve Enforcement Action
Silvergate Bank has successfully resolved a Federal Reserve enforcement action after undergoing liquidation to protect its depositors. The action, which began in May 2023,...
SEC Sues Silvergate Bank for Misleading Statements on AML Program
The U.S. Securities and Exchange Commission (SEC) recently filed a lawsuit against Silvergate Capital Corporation, the parent company of Silvergate Bank, for allegedly not...
Offering Crypto Directly to Clients: Charles Schwab’s New Approach Under Incoming...
Financial services giant Charles Schwab is gearing up to offer crypto investments directly to its clients, according to Rick Wurster, the incoming CEO. In...
