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FDIC Makes Public June Enforcement Actions
On Friday, July 28, 2017, the FDIC released a list of orders of administrative enforcement actions taken against banks and individuals in June. The FDIC issued a total of 23 orders. The administrative enforcement actions in those orders consisted of one consent order; four removal and prohibition orders; 13 Section 19 orders; two civil money penalties; two terminations of consent orders; and one order terminating a supervisory prompt corrective action. Note that there will be no administrative hearings scheduled for August 2017.