DoJ Says More Bank Securities Cases To Come

Mark Melin

Published onJuly 14, 2014

Updated on May 13, 2021

The U.S. Justice Department (DoJ) is preparing to for additional mortgage related securities cases in the very near future as calls for individual prosecution of criminal wrongdoing grow.

Public to hear from DoJ’s residential mortgage-backed securities working group

The American public can expect to hear more from the DoJ’s residential mortgage-backed securities working group in the "very near future," said U.S. Associate Attorney General Tony West. West made the comments when speaking at a news conference announcing a $7 billion settlement against Citigroup Inc (NYSE:C) on Monday but it was unclear if...

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Mark Melin

Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.

DoJ Says More Bank Securities Cases To Come

Public to hear from DoJ’s residential mortgage-backed securities working group

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