Breaking: Judge Rakoff Approves SEC Settlement with Bank of America

Finally. The brilliant but prickly Judge Rakoff has (reluctantly) signed off on the Securities and Exchange Commission’s $150 million settlement with Bank of America. The saga, which has consumed Wall Street (and stressed out many Wall Street lawyers) for over half a year now, has come to an end.
For more detailed coverage, see the links collected after the jump.


Judge Accepts S.E.C.’s Settlement With BofA [Dealbook]
Rakoff Approves Bank of America Settlement With SEC [New York Law Journal]
Judge Rakoff “Reluctantly” Accepts Bank of America Settlement With SEC [Business Insider]

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