Benzinga's Political Round Up

"Foreclosure-gate" is affecting bank stocks, such as Bank of America BAC and J.P. Morgan JPM, as regulators look into foreclosure practices by these banks. The SEC and Angelo Mozillo are close to settling a court case against Mozillo, who is accused of committing fraud against shareholders. Mozillo was the CEO of Countrywide, before it was taken over by Bank of America BAC. China is concerned that the U.S. will make it a scapegoat, as cries come from across the globe for China to raise its currency, the yuan. A rising yuan would affect the price of WisdomTree Dreyfus Chinese Yuan Fd ETF CYB.