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- Credit Suisse to Pay $47Mn to Resolve DOJ Asia Probe
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- SEC's Opening Remarks to the Elder Justice Coordinating Council
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- SocGen Agrees to Pay $1.3 Billion to End Libya, Libor Probes
- Cryptocurrency Exchange Bitfinex Briefly Halts Trading After Cyber Attack
- SEC Names Valerie Szczepanik Senior Advisor for Digital Assets and Innovation
- SEC Modernizes Delivery of Fund Reports, Seeks Public Feedback on Improving Fund Disclosure
- NYSE Says SEC Plan to Limit Exchange Rebates Would Hurt Investors
- Deutsche Bank faces another challenge with Fed stress test
- Former JPMorgan Broker Files racial discrimination suit against company
- $3.3Mn Winning Bid for Lunch with Warren Buffett
- Julie Erhardt is SEC's New Acting Chief Risk Officer
- Chyhe Becker is SEC's New Acting Chief Economist, Acting Director of Economic and Risk Analysis Division
- Getting a Handle on Virtual Currencies - FINRA
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Prosecutors Confirmed to Federal Bench in New York
[ by Melanie Gretchen ]
Two female prosecutors were confirmed overwhelmingly by the Senate for seats on the Federal Courts. Brooklyn Assistant U.S. Attorney Pamela Ki Mai Chen, confirmed by voice vote, will serve in the Eastern District.of New York, located in Brooklyn. A Manhattan Assistant U.S. Attorney Katherine Polk Failla was confirmed by a 91-0 vote for the bench in the Southern District of New York, located in downtown Manhattan.
Ms. Panela Chen, nominated by ... President Barack Obama, had served since 1998 as chief of the criminal division in the civil rights section of the Brooklyn U.S. Attorney's office. Loretta Lynch, U.S. Attorney for the Eastern District, praised her associate, saying that Ms. Chen "is not just a brilliant lawyer, but a true public servant, dedicated to the principles of fairness and equality." Ms. Chen brings significant diversity to the federal courts. She is racially a minority, being of Chinese American descent. She also is one of a few openly gay women on the federal bench, according to U.S. Senator Charles Schumer, who recommended her.
Ms. Failla, who was nominated by ... the President last year, is chief of the criminal appeals unit in the Manhattan U.S. Attorney's office. She joined that ofice in 2000. Prior to that, she worked in the litigation practice of Morgan Lewis & Bockius. Her confirmation fills 1 of 6 vacancies in Manhattan federal court.
As of Monday, there are 87 federal judicial vacancies, and 32 candidates lined up for nomination. Later this week, the confirmation of another woman will be voted upon by the Senate.
For further details, go to [Reuters, 3/4/13].

