News By Agency : Labor and Regulation

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State Regulators Issue Cease and Desist Orders to Subsidiaries of Ocwen Financial Corp.
More than 20 state mortgage regulators, including the South Dakota Division of Banking, have issued regulatory orders or charges to subsidiaries of Ocwen Financial Corp. to address violations of state and federal laws.

State Launches New Job Search Site
The Department of Labor and Regulation (DLR) has launched a new version of its jobs database and management information system, SDWORKS.

Penn Treaty Liquidation Impacts South Dakota Policyholders
The South Dakota Department of Labor and Regulation Division of Insurance received notice Penn Treaty Network America Insurance Company (“Penn Treaty”) has been placed into liquidation due to insolvency.