The Securities and Exchange Commission has levied fraud charges against a company for illegal cryptocurrency violations. The SEC charged MCC International Corp., also called Mining Capital Coin Corp....
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An initiative to legalize cannabis in Missouri got one step closer to reality as the Legal Missouri 2022 campaign delivered a petition to state lawmakers that would put it on the ballot this November....
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Recently released findings from an American Property Casualty Insurance Association (APCIA) survey found that a majority of insured homeowners have not ensured their insurance coverage addresses infla...
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U.S. Sens. Ron Wyden (D-OR) and Michael F. Bennet (D-CO) recently led 18 colleagues in advocating the Senate Appropriations Committee to fully fund President Joe Biden’s request to administer unempl...
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BlockFi, a cryptocurrency management platform, is now offering non-U.S. clients immediate access to 14 additional crypto assets, including LUNA, Binance Coin, and AAVE. “Our clients worldwide ar...
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Federal bank regulatory agencies are working together to strengthen and modernize the Community Reinvestment Act (CRA). The CRA was enacted 45 years ago to encourage banks to help meet the credit n...
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New York state officials are espousing the benefits of recently enacted legislation that seeks to bolster consumer protections while addressing the state's financial services system inequities. Gov...
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U.S. Rep. Carolyn Maloney (D-NY), along with U.S. Sens. Elizabeth Warren (D-MA) and Cory Booker (D-NJ), is calling on three major banks to discontinue their overdraft fees, which they said disproporti...
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Calif. Gov. Gavin Newsom signed an executive order this week that seeks to create a transparent regulatory and business environment for web3 companies – those that create decentralized blockchain on...
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The Financial Industry Regulatory Authority (FINRA) has fined two funding portals a combined $1.75 million for failing to comply with securities laws and rules related to crowdfunding. One of the c...
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During the state's first month of legalized adult-use cannabis sales, New Mexico state officials said retailers sold almost $40 million in adult-use and medical cannabis. The state's Cannabis Contr...
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Investment Company Institute (ICI) and Employee Benefit Research Institute (EBRI) study findings determined target date fund investing continues to be prevalent in 401(k) plans. Officials said 401(...
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Pennsylvania State Rep. Danilo Burgos (D-Dist. 197) has introduced a bill that revokes medical cannabis licenses for entities with ties to Russian businesses. Burgos noted on Feb. 24, 2022, Russia ...
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U.S. Sens. Tom Carper (D-DE) and Jon Ossoff (D-GA) are encouraging the Internal Revenue (IRS) to adopt Government Accountability Office (GAO) recommendations regarding efforts to improve the tax filin...
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U.S. Reps. Tom Emmer (R-MN) and Patrick McHenry (R-NC) introduced legislation to improve oversight of COVID-related Emergency Rental Assistance programs. The Emergency Rental Assistance Accountabil...
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U.S. Sens. Rob Portman (R-OH) and Sherrod Brown (D-OH) introduced legislation that seeks to update the asset limits for Supplemental Security Income (SSI) beneficiaries. SSI is a federal program th...
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U.S. Sens. Susan Collins (R-ME) and Maggie Hassan (D-NH) recently introduced legislation that seeks to help parents nationwide with efforts to save for college. The Helping Parents Save for College...
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Findings from a Chase and TRUE Global Intelligence survey showed half of small business owners possess a positive outlook regarding their company’s performance compared to last year. The Small Bu...
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The Securities and Exchange Commission (SEC) is allocating 20 additional positions to a new unit responsible for protecting investors in crypto markets and from cyber-related threats. This newly n...
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U.S. Sen. Maria Cantwell (D-WA) is calling on Congress to restore the Federal Trade Commission’s (FTC) authority to return money to consumers victimized by illegal scams. This comes after the S...
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