Vernon and Shirley Hill will pay more than $2 million after claims the couple invested as much as 70% of a profit-sharing plan’s assets in the stock of Metro Bank PLC, where Vernon Hill was the founder and chairman.
Updates from capital hill this weekend include the release of political prisoners in Belarus, SEC charging Compass Minerals for misleading investors, Hurricane Fiona reports, FERC proposes incentives for voluntary cybersecurity investments, and DOJ enforcement.