
Regulation
BMO Pays $41M to Settle SEC Charges of Failing to Supervise ‘Sliver Bond’ Sales
According to the regulator, firm employees used misleading metrics to sell mortgage-backed bonds.
According to the regulator, firm employees used misleading metrics to sell mortgage-backed bonds.
The firm will pay a $6.8 million fine for allegedly making false statements in regulatory filings.
However, the future of ESG regulation in the U.S. is unclear under a second Trump administration.