Federal Reserve Board issues enforcement action with Jacob H. Goldstein

The following press release was published by the Board of Governors of the Federal Reserve System on Feb. 8, 2018. It is reproduced in full below.

The Federal Reserve Board on Thursday announced the execution of the enforcement action listed below: Notice of Intent to Prohibit Jacob H. Goldstein, former president and CEO of NBRS Financial, Rising Sun, Maryland, for engaging in self-dealing transactions involving bank loans and withholding material information from the NBRS board of directors.

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Source: Board of Governors of the Federal Reserve System