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

Track this case

Case Number:

1:11-cv-00506

Court:

District Of Columbia

Nature of Suit:

Other Statutory Actions

Judge:

Beryl A. Howell

Firms

Sectors & Industries:

  1. March 31, 2011

    Brokers Lose Bid To Block Fed's Pay Rule Change

    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 consumers outweighs potential harm to the industry.

  2. March 22, 2011

    Brokers Fail To Split Suits Over Fed Pay Rule Change

    A District of Columbia federal court refused Monday to reconsider its order consolidating a pair of suits filed against the Federal Reserve and Chairman Ben Bernanke over a pending rule that will bar brokerages from paying officers on commission.

  3. March 09, 2011

    Brokers Challenge Fed's Commission Pay Rule Change

    Mortgage brokers sued the Federal Reserve and its Chairman Ben Bernanke on Tuesday over a rule barring brokerages from paying officers on commission, saying the measure could threaten the entire industry if not halted.