Hightower named interim commissioner of state banking regulator

One of the seven candidates to become commissioner of the state Office of Financial Regulation withdrew his name from consideration, according to the state Cabinet. Among those who have applied are.

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Department of Business and Industry Director Michael Brown has appointed Rickisha Hightower, Esq. as Interim Commissioner of the financial institutions division (fid). The appointment comes after FID Commissioner George Burns announced his resignation with an intent to retire from state service effective May 3.

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A key state banking regulator. to information on the OFR website. She was named director of the Division of Financial Institutions when the department was reorganized in 203, and has served as.

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A revolution is the solution "FDIC approves Volcker revamp, in latest move to roll back bank rules: The federal deposit insurance corp. board voted 3-1 Tuesday to give big banks more leeway to make risky short-term bets in financial markets by loosening a landmark but highly contentious regulation known as the Volcker rule.