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Concerning CUSOs, the IG warns "deficiencies in their operations could cause significant widespread financial disruption."

Though a new president has not been named, the league's board said it "will review the succession process."

"Our work isn't business as usual right now, and neither is this event."

George Hofheimer is stepping down from Filene after 15 years with the organization.

"The lenders are the first line of defense against waste and fraud."

Louis Bicanic will succeed Gregory Lyons, who plans to retire at the end of September.