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Interest Rates- US: H15 ND 2010-11-25 FRB Market yield on U.S. Treasury securities at 5-year constant maturity, quoted on investment basis, inflation-indexed
- US: H15 ND 2010-11-25 FRB Federal funds effective rate
- US: H15 ND 2010-11-25 FRB 30-Day AA Nonfinancial Commercial Paper Interest Rate
- US: H15 ND 2010-11-25 FRB Rate paid by fixed-rate payer on an interest rate swap with maturity of three year.
- US: H15 ND 2010-11-25 FRB 60-Day AA Nonfinancial Commercial Paper Interest Rate
- Trade (FTC)
- FTC Approves Final Order Settling Charges That Public Relations Firm Used Misleading Online Endorsements to Market Gaming AppsFollowing a public comment period, the Federal Trade Commission has approved a final order settling charges that Reverb Communications, Inc., and its owner, Tracie Snitker, engaged in deceptive advertising. […]
- FTC Approves Final Order Settling Charges That Public Relations Firm Used Misleading Online Endorsements to Market Gaming Apps
- Commerce News
- Commerce Spectrum Management Advisory Committee Notice of Open Meeting by TeleconferenceNTIA announced a public meeting of the Commerce Spectrum Management Advisory Committee (Committee), which will take place through a telephone conference call (teleconference). The Committee provides advice to the Assistant Secretary of Commerce for Communications and Information on spectrum management policy matters. The meeting will be held on December 13, […]
- Commerce Spectrum Management Advisory Committee Notice of Open Meeting by Teleconference
- Small Business News
- Chief Counsel Endorses Repeal of 1099On November 18, 2010, Chief Counsel for Advocacy Winslow Sargeant, Ph.D., testified before the U.S. Senate Committee on Small Business and Entrepreneurship hearing on “Assessing the Regulatory and Administrative Burdens on America’s Small Businesses.” […]
- Chief Counsel Endorses Repeal of 1099
- Monetary Policy
- Cost Estimates
- S. 3806, SECURE Facilities Act of 2010Cost estimate for the bill as ordered reported by the Senate Committee on Homeland Security and Governmental Affairs on September 29, 2010 […]
- H.R. 4783, the Claims Resolutions Act of 2010 as passed by the SenatePay-as-you-go table for the act as passed by the Senate on November 19, 2010 […]
- S. 3517, Claims Processing Improvement Act of 2010Cost estimate for the bill as ordered reported by the Senate Committee on Veterans' Affairs on August 5, 2010 […]
- S. 3806, SECURE Facilities Act of 2010
- Banking
- OCC Releases CRA Evaluations For 18 National BanksThe Office of the Comptroller of the Currency (OCC) today released a list of Community Reinvestment Act (CRA) performance evaluations that became public during the period of October 15, 2010 through November 14, 2010. […]
- OCC Releases CRA Evaluations For 18 National Banks
NCUA Issues Prohibition Orders
November 22, 2010, Alexandria, VA, – The National Credit Union Administration Board has issued orders prohibiting the following individuals from participating in the affairs of any federally insured financial institution.
Eugene Miley, an institution affiliated party of Moonlight Credit Union, Worthington, Penn., Stanwood Area Federal Credit Union, New Stanton, Penn., and Vantage Trust Federal Credit Union, Wilkes-Barre, Penn., was convicted of theft. Miley was sentenced to 58-148 months imprisonment, 300 hours of community services and ordered to pay $2,080,000 in restitution.
Ira C. Rudin, a former employee of Central Credit Union, Rego Park, New York, was convicted of embezzlement. Rudin was sentenced to 21 months imprisonment, 3 years supervised release, and ordered to pay $175,000 in restitution.
NCUA enforcement orders are online at
http://www.ncua.gov/Resources/AdministrativeOrders/Orders2010.aspx, and may be inspected at NCUA’s Office of General Counsel between 9 a.m. and 4 p.m. Monday through Friday. Copies may be ordered by mail from NCUA, 1775 Duke St., Alexandria, Va. 22314-3428.
Violation of a prohibition order is a felony offense punishable by imprisonment and a fine of up to $1 million.
The National Credit Union Administration is the independent federal agency that charters and supervises federal credit unions. NCUA, with the backing of the full faith and credit of the U.S. Government, operates and manages the National Credit Union Share Insurance Fund, insuring the savings of 90 million account holders in all federal credit unions and the majority of state-chartered credit unions.