Brokers Lose Bid To Block Fed's Pay Rule Change

By Ian Thoms · March 31, 2011, 2:04 PM EDT

A federal judge in Washington refused Wednesday to prevent the Federal Reserve from implementing a rule that will bar brokerages from paying officers on commission, saying the Fed's goal of protecting...

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Documents

Case Information

Case Title

NATIONAL ASSOCIATION OF MORTGAGE BROKERS v. BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM et al

Case Number

1:11-cv-00506

Court

District Of Columbia

Nature of Suit

Other Statutory Actions

Date Filed

March 09, 2011