July was a record month for cannabis sales in New Mexico, as the state had its highest monthly sales total since the state legalized recreational adult-use cannabis in April. Licensed retailers st...
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Democratic lawmakers in Congress have asked major cryptocurrency and digital asset industry players to provide data on their diversity and inclusion practices. Specifically, the lawmakers, includin...
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An organization representing the solar energy industry is urging federal banking regulators to expand the Community Reinvestment Act (CRA) to include financing for solar and energy storage projects. ...
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A group of lawmakers have forwarded correspondence to U.S. Bank officials, noting they are seeking information about the bank using consumer data to open unauthorized bank accounts. Senate Committ...
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U.S. Sens. Jon Ossoff (D-GA), Mark Warner (D-VA), and Cynthia Lummis (R-WY) introduced legislation in the U.S. Senate this week that seeks to protect credit union members from cybersecurity threats. ...
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A Securities Industry and Financial Markets Association (SIFMA)-commissioned study maintains a majority of retail investors prefer electronic delivery (e-delivery) for its environmental benefits, spee...
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A bipartisan bill was introduced in the U.S. Senate this week that seeks to clarify the digital asset reporting requirements in the Infrastructure Investment and Jobs Act (IIJA). Specifically, the ...
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A bill was introduced in the House of Representatives that seeks to update and modernize the notarization process domestically and abroad. Reps. Madeleine Dean (D-PA) and Kelly Armstrong (R-ND) jo...
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A bipartisan group of U.S. senators introduced legislation that would supply the Commodity Futures Trading Commission with new tools and authorities to regulate digital commodities. This mandatory fra...
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The Mortgage Bankers Association’s (MBA) report assessing multifamily lending maintains last year, 2,215 lenders provided $487.3 billion in new mortgages for apartment buildings with five or more un...
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Three agencies are seeking public comment regarding a proposed policy statement for prudent commercial real estate (CRE) loan accommodations and workouts. The National Credit Union Administration (...
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A group of eight national trade organizations, including the Consumer Bankers Association (CBA), are urging the Consumer Financial Protection Bureau (CFPB) to strengthen the privacy and security of co...
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The T+1 Securities Settlement Industry Implementation Playbook was published this week by the Securities Industry and Financial Markets Association (SIFMA), the Investment Company Institute (ICI), and...
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U.S. Sen. Joni Ernst (R-IA) has introduced a bill that seeks to modernize and improve the efficiency of technology acquisition. The AGILE (Advancing Government Innovation with Leading-Edge) Procure...
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The Michigan Cannabis Regulatory Agency (CRA) announced the first approved gold qualifier, Pharmhouse Wellness, through the Social Equity All-Star Program, a new initiative encouraging cannabis indust...
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The Securities and Exchange Commission (SEC) charged 11 people for creating and promoting Forsage, a fraudulent crypto pyramid and Ponzi scheme. The scheme raised more than $300 million from millio...
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U.S. Reps. Troy A. Carter, Sr. (D-LA) and Rodney Davis (R-IL) recently introduced legislation that seeks an expungement method regarding low-level federal marijuana violations. The Marijuana Misdem...
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The Federal Deposit Insurance Corporation (FDIC) published a new fact sheet on what the public needs to know about FDIC deposit insurance and crypto companies. The fact sheet was developed followin...
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U.S. Sens. Ron Wyden (D-OR) and Jeff Merkley (D-OR) recently joined a group of senators that has proposed legislation that prohibits banks and other financial institutions from discriminating on the b...
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The U.S. Department of the Treasury said North Carolina has secured up to $201.9 million through the State Small Business Credit Initiative (SSBCI) to operate three different programs. The effort w...
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