Skip to main content

News & Insights

Help
22350 News Results

Montgomery Bank Trust, Ailey, Georgia, was closed today by the Georgia Department of Banking and Finance, which appointed the FDIC as receiver. To protect the depositors, the FDIC entered into a purchase and assumption agreement with Ameris Bank, Moultrie, Georgia, to assume all of the deposits of Montgomery Bank Trust. View release in full here (links externally to FDIC website).

The CFTC Division of Market Oversight issued a letter to market participants providing temporary no-action relief for less than fully compliant reporting of positions based on ownership under the CFTC's large trader reporting system for physical commodity swaps and swaptions. View notice in full here(links externally to CFTC website).