MIDDLE ATLANTIC
The Federal Home Loan Bank of New York said Derek Bryson Park has been
He was named by the Federal Housing Finance Board, the bank's regulator.
Mr. Park is a senior vice president at Cohane Rafferty Securities in
After the Toronto-based bank faced record penalties in the U.S., it made new disclosures about its anti-money-laundering compliance obligations in Canada, where critics say regulators have been too lax.
In a final rule to be released Thursday, the Consumer Financial Protection Bureau would allow banks to either charge $5 for overdraft fees or another amount commensurate with costs. Banks could also charge more if they disclose the fees' annual percentage rate of interest to customers.
Leonardo Ayala, who was a retail banker at a TD branch in Florida, faces criminal charges in connection with money-laundering activities.
