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SEC Probes First Republic Bank Executives for Insider Trading; Lawmakers Dump Bank’s Shares Before Collapse

Post author:MiamiCrypto
Post published:May 6, 2023
Post category:Banking Industry California Department of Financial Protection and Innovation fdic First Republic Bank Insider Trading JPMorgan & Chase lawmakers News SEC Silicon Valley Bank STOCK Act U.S. Congress U.S. Senate

After the second largest bank failure in history, the U.S. Securities and Exchange Commission (SEC) is reportedly investigating First Republic Bank executives for allegedly engaging in insider trading. Two sources…