Seeking Alpha

NY's case against StanChart (SCBFF.PK) is more about whether the bank violated the "books and...

NY's case against StanChart (SCBFF.PK) is more about whether the bank violated the "books and records" law by covering up its dealings with Iran using allegedly false records rather than whether those dealings themselves broke the law. Breaches of records law are more clear cut and easier to prove than violations of regulations that restrict dollar transactions with sanctioned countries.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|