U.S. Secretary of Commerce Wilbur Ross announced the final determinations of antidumping (AD) and countervailing duties (CVD) investigations, finding that imports of steel reinforcement bar (rebar) from Japan and Turkey have been sold in the U.S. market at unfair prices,…

Data on the Fourth Quarter and Annual 2016 GDP by State released today by the Department of Commerce showed some states’ gross domestic product (GDP) to have been impeded by the policies of the Obama Administration, especially in the energy…

President of the United States Donald Trump and President of the People’s Republic of China Xi Jinping agreed at their Mar-a-Lago meeting to advance U.S. - China economic cooperation with a 100-day action plan under the framework of the U.S.…

The Securities and Exchange Commission today announced an emergency court order to freeze assets in two brokerage accounts used last week to reap more than $1 million in alleged insider trading profits in connection with a merger announcement by telecommunications…

WASHINGTON - U.S. Department of the Interior Secretary Ryan Zinke has approved a $22 million coal lease on the Greens Hollow tract in central Utah to Canyon Fuel Company, LLC, a subsidiary of Bowie Resource Partners, LLC. Coal mining in…

The Federal Deposit Insurance Corporation (FDIC) has issued "Credit Risk Trends and Supervisory Expectation Highlights," which appears in the Winter 2016 issue of Supervisory Insights. The article identifies trends in credit risk and emphasizes to bankers and examiners that now…

BHP Billiton has advanced its exploration and production interests in the Gulf of Mexico by executing a contract with PEMEX Exploration & Production Mexico (Pemex) to complete work on the significant Trion discovery in Mexico. In December 2016, BHP Billiton…

Morgan Stanley Smith Barney and Citigroup Global Markets have agreed to pay more than $2.96 million apiece to settle charges that they made false and misleading statements about a foreign exchange trading program they sold to investors. According to the…

WASHINGTON—The federal banking agencies fined ServiceLink Holdings, LLC (ServiceLink Holdings), $65 million for improper actions by its predecessor company, Lender Processing Services, Inc. (LPS), which resulted in significant deficiencies in the foreclosure-related services that LPS provided to mortgage servicers. The…

Samarco Mineração S.A. (Samarco) and its shareholders, Vale S.A. (Vale) and BHP Billiton Brasil Ltda (BHP Billiton Brasil) have entered into a preliminary agreement with the Federal Prosecutors’ Office in Brazil (Federal Prosecutors) in relation to the Fundão tailings dam…

Broker ITG has agreed to pay more than $24.4 million to settle charges that it violated federal securities laws when it prompted the issuance of American Depository Receipts (ADRs) without possessing the underlying foreign shares. ADRs are U.S. securities that…

The Securities and Exchange Commission has announced its Office of Compliance Inspections and Examinations’ (OCIE) 2017 priorities. Areas of focus include electronic investment advice, money market funds, and financial exploitation of senior investors. The priorities also reflect a continuing focus…