Congress is currently deflecting intense pressure to roll back virtually all the increases in flood insurance premiums imposed in 2012.
Amendment passed Tuesday would bar the rate increases by preventing FEMA from using federal funds to implement Sec. 207.
The amendment passed 281-146, and the appropriations bill was later approved by the full House and sent to the Senate.
The scams are the “inbox equivalent of a boiler room sales operation, hounding investors with potentially false information.”
The NASDAQ stock exchange has agreed to pay a $10 million penalty for violations that occurred during Facebook's IPO and its aftermath, the SEC said.
Investors wanting to sell their rights to an income stream or investing in one that belongs to someone else need to be aware.
Washington state businessman hit with fraud charges.
Company settles for $3.5 million; two senior executives agree to pay $135,000.
Rules require broker-dealers, mutual funds, investment advisers to adopt red flag, identity theft programs.
White was nominated in February and confirmed last week.