A group of lawmakers recently forwarded correspondence to the Securities and Exchange Commission (SEC), supporting a proposed SEC rule regarding 10b5-1 plans addressing corporate executives’ safe ha...
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New Jersey state officials recently offered an optimistic outlook on the recreational cannabis market. “The market is improving," New Jersey Cannabis Regulatory Commission Executive Director Jeff...
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New York Office of Cannabis Management (OCM) officials have indicated the agency will begin accepting Conditional Adult-Use Retail Dispensary (CAURD) licenses on Aug. 25, 2022. The endeavor is esse...
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U.S. Sens. Elizabeth Warren (D-MA) and Ben Ray Luján (D-NM) recently forwarded correspondence to U.S. Department of Justice (DOJ) personnel, encouraging the agency to use authority to ban corporation...
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The Consumer Financial Protection Bureau (CFPB) recently confirmed in a circular that financial companies might violate federal consumer financial protection law when failing to safeguard consumer dat...
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U.S. Sens. Elizabeth Warren (D-MA), Dick Durbin (D-IL), Sheldon Whitehouse (D-RI), and Bernie Sanders (I-VT) recently forwarded correspondence to the Office of the Comptroller of the Currency Acting C...
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The Consumer Financial Protection Bureau (CFPB) has issued an interpretive rule detailing when financial firm digital marketing providers must comply with federal consumer financial protection law. ...
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The Federal Housing Finance Agency (FHFA) notes that Fannie Mae and Freddie Mac will require mortgage lenders and servicers to transmit fair lending information to servicers with other loan informatio...
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U.S. Rep. Eleanor Holmes Norton (D-DC) has introduced a bill she said provides greater transparency with regard to 501(c)(4) organizations. Norton indicated the Increased Transparency in 501(c)(4) ...
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U.S. Rep. Susan Wild (D-PA) introduced legislation this week that would restructure the federal student loan repayment system. Americans hold more than $1.5 trillion in student loan debt, and feder...
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The National Association of Federally-Insured Credit Unions (NAFCU) provided feedback to the Treasury Department on its request for comments (RFC) on the responsible development of digital assets. ...
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Seattle city officials introduced three bills they said seek to enhance cannabis equity efforts. Seattle Mayor Bruce Harrell recently joined Councilmember Teresa Mosqueda (Position 8 – Citywide)...
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Credit Union National Association (CUNA) officials are advocating that the Treasury Department consider a comprehensive digit assets framework that would enhance adoption efforts. “Credit unions ...
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Two social equity groups that were supported by branded cannabis products wholesaler Cresco Labs' SEED community business incubator recently were granted new cannabis conditional adult-use dispensary ...
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U.S. Rep. Maxine Waters (D-CA), as chairwoman of the U.S. House Financial Services Committee, is leading 76 Democrats in urging federal banking regulators to put an end to the practice of “modern da...
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The Securities and Exchange Commission (SEC) this week proposed new rules that seek to improve the overall governance at registered clearing agencies and reduce conflicts of interest. Specifically,...
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U.S. Sen. Sherrod Brown (D-OH) is urging key insurance industry leaders to consider the growing role of private equity in the insurance industry. Brown recently sent letters to the leaders of the ...
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A trio of lawmakers have forwarded correspondence to Equifax, noting concerns regarding alleged issues within the consumer credit reporting company's credit scoring system. Sens. Elizabeth Warren (...
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House of Representatives Financial Services Committee Republicans have forwarded correspondence to Federal Deposit Insurance Corporation (FDIC) leadership regarding the agency's examinational appeals ...
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A bill that would impose a 1 percent excise tax on the repurchase of stock by publicly traded companies passed the U.S. Senate this week. The Stock Buyback Accountability Act, sponsored by U.S. Sen...
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