Brokers Lose Bid To Block Fed's Pay Rule Change

By Ian Thoms · March 31, 2011, 2:04 PM EDT

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...

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Documents

Memorandum & Opinion

Case Information

Case Title

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

Case Number

Court

District Of Columbia

Nature of Suit

Other Statutory Actions

Date Filed

March 09, 2011

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