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Are Wall Street interns the latest regulatory target?

Bank of New York Mellon pays fine after SEC says firm gave internships to family members of foreign officials

Are Wall Street interns the latest regulatory target?

It’s official: Certain interns may be dangerous to a bank’s health.

Bank of New York Mellon Corp. on Tuesday agreed to pay $14.8 million to settle civil charges that it violated foreign-bribery laws by giving internships to relatives of officials from a Middle Eastern sovereign wealth fund.

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