Wednesday - November 27, 2024
Federal Tipoffs Involving Illinois Newsletter for Wednesday September 04, 2024 ( 3 items )  

Federal Court Orders Oregon Man to Pay Over $209 Million in Monetary Sanctions for Commodity Pool Ponzi Schemes
WASHINGTON, Sept. 3 -- The Commodity Futures Trading Commission issued the following enforcement news release: The Commodity Futures Trading Commission today announced Judge Mary Rowland of the U.S. District Court for the Northern District of Illinois entered an order of final judgment against of Oregon and and imposing a judgment totaling $209,614,892. This order follows Judge Rowland's prior order granting summary judgment in favor of the CFTC on all counts of the CFTC's solicitation fraud  more

Federal Home Loan Bank of Chicago: Complete EBanking Administration Recertification by October 31
CHICAGO, Illinois, Sept. 4 -- The Federal Home Loan Bank of Chicago, a district bank in the Federal Home Loan Bank System, issued the following news on Sept. 3, 2024: FHLBank Chicago requires a Member Security Administrator (MSA) from each member institution to annually review their institution's eBanking user authorization roles and access permissions. MSAs must complete the recertification by Thursday, October 31, 2024, or their institution will be restricted from executing wires and advances  more

President Names 3 New Members to Pension Benefit Guaranty Corp. Advisory Committee
WASHINGTON, Sept. 4 -- The Pension Benefit Guaranty Corp. issued the following news release on Sept. 3, 2024: President Joseph R. Biden, Jr. recently appointed three new members to serve on the Advisory Committee of the Pension Benefit Guaranty Corporation (PBGC): Ilana Boivie of the District of Columbia; Kathryn J. Kennedy of Illinois; and Lamont Everett (Monte) Tarbox of Illinois will offer their counsel on investment policy and other matters related to the agency's mission. "These new memb  more