The Commodity Futures Trading Commission (CFTC) approved final rules amending part 48 of its regulations that relate to foreign boards of trade (FBOT). Specifically, the final rule permits a foreig...
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If a proposed merger between Capital One Financial Corp. and Discover Financial Services is approved, it would create a bank having massive influence in the markets for credit cards, debit cards, and ...
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Originations of open-ended Home Equity Lines of Credit (HELOCs) and closed-end home equity loans increased by 1.5 percent last year, according to the Mortgage Bankers Association’s (MBA) 2024 Home E...
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On Monday, the Securities and Exchange Commission announced it had filed charges against Andrew Left and his firm, Citron Capital LLC, for an alleged $20 million bait and switch fraud scheme. Acco...
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Newly introduced legislation in Washington, D.C., aims to improve the effectiveness of the Federal Reserve’s discount window, which helps depository institutions manage their liquidity risks efficie...
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Democrats on the Congressional Joint Economic Committee released a report this week that examines the influence of private equity firms in the health care system. Generally, the report ties private...
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On Thursday, U.S. Reps. John Moolenaar (R-MI) and Blaine Luetkemeyer (R-MO) introduced legislation that would ensure transparency into U.S. investment in and reliance on China. The legislation, th...
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On Thursday, U.S. Sens. Jeanne Shaheen (D-NH) and John Kennedy (R-LA) introduced legislation that would support rural small businesses. The legislation, the Coordinated Support for Rural Small Bus...
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The Federal Trade Commission (FTC) on July 23 ordered eight companies to provide detailed information about their “targeted” or “personalized” pricing — that is, pricing based on individuali...
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U.S. Sen. Ron Wyden (D-OR) is among a group of senators that introduced a bill to apply criminal penalties to rogue insurance brokers who are profiting off of deceptive marketing schemes into health c...
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U.S. Sen. Bob Casey (D-PA) introduced legislation this week that seeks to support small business development through federal subcontracts. By serving as subcontractors, small businesses create jobs...
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ACNB Corp., the holding company for ACNB Bank and ACNB Insurance Services, is acquiring Traditions Bank, owned by Traditions Bancorp. The all-stock transaction will merge two Pennsylvania communit...
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A bipartisan bill unveiled in Congress on Tuesday could help secure life insurance policies at a lower cost for American families while fixing a tax code discrepancy that many insurance companies have...
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SS&C Technologies Holdings published a report that examines how artificial intelligence (AI) is used to facilitate mergers and acquisitions (M&A). Ther SS&C Intralinks 2024 Artificial Intelligence ...
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Federal financial regulators are seeking comments and feedback on a proposal to update their requirements for anti-money laundering and countering the financing of terrorism (AML/CFT) programs. Spe...
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A recently released Business Roundtable report outlines policy recommendations for strengthening and securing critical supply chains. The report, Resilient, Diverse and Secure: Improving Critical S...
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The U.S. House of Representatives passed two bills this week that came out of the House Financial Services Committee, including one that provides Congressional supervision of the Department of Housing...
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The National Labor Relations Board (NLRB) withdrew its appeal of the Federal District Court decision that nullified an effort to rewrite the joint-employer rules. The joint-employer rule is used to...
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A bipartisan bill that would amend the Internal Revenue Code of 1986 to make improvements related to tax administration is under consideration by the tax-writing U.S. House Ways and Means Committee. ...
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The Securities and Exchange Commission (SEC) has established a new entity called the Interagency Securities Council (ISC) with its Division of Enforcement. The ISC’s objective is to strengthen t...
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