Wall Street's Compliance With Settlements Probed by Top Democrat

  • Senator Brown demands details on enforcement cases in letter
  • Review follows lawmaker complaints over banks' recidivism

Ohio Senator Sherrod Brown sent letters to more than a dozen major banks last week, requesting details on legal judgments they have entered into with 15 agencies, dating back to 2005.

Photographer: Bill Clark/CQ-Roll Call Group

The top Democrat on the U.S. Senate Banking Committee is conducting a wide-ranging inquiry into Wall Street’s compliance with government enforcement settlements, following complaints that banks keep getting in trouble after being punished by regulators.

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