The Obama administration has levied a string of stringent penalties for egregious violations of patient rights under the most commonly cited law, the Health Insurance Portability and Accountability Act, or HIPAA, of 1996.
The Commodity Futures Trading Commission, an American regulator, levied a $200 million penalty, the largest in the agency's history.
The trading commission levied a $200 million penalty, the largest in its history.
In 2004, the New York Fed levied a $70 million penalty against Citigroup over the bank's lending practices.
In September, White, working with colleagues in other agencies, levied a $920-million 920-millionDimon's bank, accompenaltyby a statement enumerating the bank's misdeeds.
In coordination with the OCC, the Consumer Financial Protection Bureau levied a separate $20 million penalty in the case.
The Federal Reserve also levied an unprecedented penalty against the bank, blocking its ability to expand.
Last month, the Federal Reserve levied an unprecedented penalty against the bank, blocking its ability to expand.
The Federal Energy Regulatory Commission is also levying a $470 million penalty against the British bank Barclays related to trading activity, though Barclays is challenging the accusations.
The EPA deserves credit in this case, both for investigating this case and levying a record penalty.
Obamacare's individual mandate was supposed to prevent this death spiral by levying a tax penalty on those who refused to sign up.
