Bank of Americas SEC Settlement Approved

Bank of Americas SEC Settlement ApprovedBank of Americas SEC Settlement ApprovedThe judgment is a huge win for BofA, which can now get back to business without worrying about having to sell the farm (a huge subsidiary or two) to pay for a huge fine/settlement that would have likely resulted had a judgment of negligence come in.Look for BofA to ramp up its executive hiring in the coming month, as bankers will now feel a whole lot safer toting around Bank of America Merrill Lynch cards now that the bank has been freed.