Federal Reserve Board issues enforcement action and announces termination of enforcement action
December 20, 2017 / Source: FRB
December 19, 2017
Federal Reserve Board issues enforcement action with Société Générale S.A. and announces termination of enforcement action with Cecil Bank
For release at 11:00 a.m. EST
The Federal Reserve Board on Tuesday announced the execution of the enforcement action listed below:
Société Générale S.A. (PDF), Paris, France, and Société Générale New York Branch, New York, New York
Cease and Desist Order dated December 14, 2017
The Federal Reserve Board also announced the termination of the enforcement action listed below:
Cecil Bank, Elkton, Maryland,
PCA Directive dated August 7, 2015
Terminated December 13, 2017
The enforcement action from August 2015 can be found here and other enforcement actions can be searched for here.
For media inquiries, call 202-452-2955.
Last Update: December 19, 2017