U.S. Reps. Ro Khanna (D-CA), Katie Porter (D-CA), and Mark Takano (D-CA) this week introduced legislation that targets institutional investors deploying rent gouging tactics. The Stop Wall Street L...
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Securities and Exchange Commission (SEC) officials have outlined a complaint alleging a fraudulent crypto Ponzi scheme resulting in $295 million fraud. The SEC has detailed charges against Douver T...
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U.S. Sen. Pat Toomey (R-PA) is urging the Federal Reserve Board to pursue market reforms to increase illiquidity in the U.S. Treasury market. In a letter to Fed Chair Jerome Powell, Toomey, the ran...
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The Federal Reserve Board is seeking public comment on a proposal to publish a periodic list of depository institutions that have access to Federal Reserve accounts and payment services. The longst...
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According to the National Retail Federation (NRF) holiday sales forecast, sales could reach up to $960.4 billion. Holiday retail sales during November and December are expected to rise between 6 pe...
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U.S. Sen. John Hickenlooper (D-C)) will introduce legislation that directs the attorney general to develop a regulatory framework for marijuana that would be enacted as soon as the federal government ...
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U.S. Rep. Steve Womack (R-AR) is among several Republican lawmakers who have expressed concerns to Securities and Exchange Commission (SEC) Chair Gary Gensler about the privacy risks and national secu...
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U.S. Sen. Ron Wyden (D-OR) has issued a report regarding what he said is a rise in deceptive marketing practices targeting seniors with Medicare Advantage plans. Wyden has also offered the Centers ...
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A bipartisan group of lawmakers recently forwarded correspondence to the Small Business Administration (SBA) seeking a release of unobligated funds from the Restaurant Revitalization Fund (RRF) this m...
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BNP Paribas has implemented a new initiative created by the International Swaps and Derivatives Association (ISDA) to enable digital regulatory reporting under the US Commodity Futures Trading Commiss...
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Findings from an American Bankers Association (ABA) and management consulting firm Oliver Wyman report maintain there is a framework for bankers to bolster fraud-protecting digital identity initiative...
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U.S. Reps. Patrick McHenry (R-NC), Jim Jordan (R-OH), James Comer (R-KY), and Tom Emmer (R-MN) recently forwarded correspondence to Securities and Exchange Commission (SEC) SEC Chair Gary Gensler, ci...
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The Securities and Exchange Commission (SEC) adopted amendments that seek to enhance the information that mutual funds, exchange-traded funds, and other registered funds report about their proxy votes...
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Independent Community Bankers of America officials said the organization is encouraging the Federal Housing Finance Agency (FHFA) and banking agencies to align capital rules or risk negatively impacti...
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Findings from a recently released Investment Company Institute (ICI) study maintain that mutual funds are essential to most domestic households building wealth. “Mutual funds are a key component ...
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A group of Democratic legislators recently requested answers from the Federal Reserve Board on its plan to continue to raise interest rates at a rapid pace, even if it increases unemployment. “Y...
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U.S. Sens. John Thune (R-SD) and Chuck Grassley (R-IA) plan to introduce legislation that would give Congress a direct say in how $80 billion of new funding for the Internal Revenue Service (IRS) coul...
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U.S. Bank released its annual CFO Survey this week, which finds that priorities have shifted for finance leaders in this challenging economic environment. Specifically, the survey found that impro...
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Regulated cannabis industry financial services provider afe Harbor Financial has agreed to acquire the cannabis financial technology platform Abaca for $30 million. "We are thrilled to announce thi...
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A new survey by the American Bankers Association and Morning Consult finds that a growing number of Americans are using mobile apps for banking. This is the third year in a row, the survey said, th...
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