future transgressions: His penalty was considerably lower nothing. ; William Tirrell, the former head of regulatory reporting at Merrill Lynch, negligently caused the firm to violate securities rules, the SEC said in an order Friday, according to The Japan Times. The regulator ordered Tirrell to cease and desist from any future transgressions. On Friday, the U.S. Securities and Exchange Commission finally got around to settling a case against the former bank executive who it said was ultimately responsible. The terms of the settlement no fine, no suspension, no penalty speaks for itself, Steven Witzel, Tirrell's attorney, said in an emailed statement. Tirrell is more than ready to put this matter behind him and move on with his life. After four years of investigation by the SEC, Mr.
(news.financializer.com). As
reported in the news.
Tagged under future transgressions, bank executive topics.