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Medallion Financial Settles With SEC | Cheyenne News
The SEC has wrapped up its investigation into Medallion Financial Corp., a company under fire for how it accounted for taxi medallion loans — assets whose value swung wildly. Though Medallion didn’t admit fault, it agreed to pay a $50,000 fine and adopt new financial controls to restore investor trust. The settlement ends this chapter, but market watchers will be watching closely to see if the fixes stick — and whether shares rebound as uncertainty lifts. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:advertise@thednn.ai This is an…
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