Department of Justice Partial Settlement

On October 4, 2011, the United States Attorney for the Southern District of New York ("SDNY") filed a civil lawsuit against BNY Mellon, United States v. The Bank of New York Mellon Corporation, No. 11 Civ. 6969 (LAK), related to standing instruction foreign exchange. On January 17, 2012, BNY Mellon and the SDNY entered into a partial settlement of that lawsuit.

For a copy of the settlement agreement, click here.

For further information about standing instruction foreign exchange, including information about how BNY Mellon prices standing instruction foreign exchange transactions, click here.