December 8, 2009

New Law Targets Broker Deceit

The Fraud Enforcement and Recovery Act (FERA), which President Barack Obama signed into law this past May, aims to enhance, strengthen and rebuild the government’s ability to investigate and prosecute mortgage and corporate fraud. To do so, FERA provides the U.S. Department of Justice with $165 million per year for fiscal years 2010 and 2011. View full article (PDF).

This article first appeared in the Scotsman Guide.