Securities and Exchange Commission (SEC) officials said the agency is seeking candidates for appointment to its Small Business Capital Formation Advisory Committee. “The Small Business Capital Form...
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Public policy, research, and advocacy group Bank Policy Institute (BPI) has provided the Federal Reserve and Federal Deposit Insurance Corporation (FDIC) with input regarding large bank resolution req...
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The Consumer Financial Protection Bureau (CFPB) noted that a newly issued circular affirms companies offering negative option subscription services must comply with federal consumer financial protecti...
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Securities and Exchange Commission (SEC) officials have outlined charges and a settlement agreement regarding Nexo Capital Inc., alleging an unregistered offering of its Earn Interest Product (EIP). ...
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The National Association of Federally-Insured Credit Unions (NAFCU) is advocating Federal Reserve guidance regarding account and service request evaluation. The NAFCU indicated Senior Counsel for Res...
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The Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Jan. 13, 2023, maintains mortgage application submissions rose 27.9 percent from one week prior. “...
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U.S. Rep. Stephanie Bice (R-OK) introduced this week the Stop Environmental Calculations (SEC) Act, which seeks to address Securities and Exchange Commission (SEC) climate-related disclosure requireme...
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U.S. Reps. Tom Cole (R-OK) and Jake LaTurner (R-KS) recently reintroduced the Bipartisan Social Security Commission Act to address Social Security's long-term solvency. Cole has been a lead sponsor o...
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The Office of the Comptroller of the Currency (OCC) is touting the benefits of its newly revised “Fair Lending” booklet. “Ensuring compliance with fair lending laws will help put an end to disc...
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Findings from a survey commissioned by financial institution TD Wealth maintain inflation and supply chain issues negatively impacted business owners' retirement plans in the past 12 months. TD Wealt...
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A group of lawmakers recently introduced a bill that seeks to aid in addressing organized retail crimes. U.S> Reps. Young Kim (R-CA), Jimmy Panetta (D-CA), Maria Salazar (R-FL), and Andrew Garbarino ...
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The Consumer Bankers Association (CBA) and Small Business Financial Exchange (SBFE) have released findings from a report examining 2022 third-quarter small business lending trends. Officials noted th...
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The Consumer Bankers Association (CBA) is encouraging the Consumer Financial Protection Bureau (CFPB) to work with the banks to protect consumers from more prevalent peer-to-peer (P2P) payment platfor...
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The Consumer Financial Protection Bureau (CFPB) has proposed a rule establishing a public registry of supervised nonbanks’ terms and conditions in non-negotiable form contracts. The proposed action...
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Cristina Martin Firvida has been appointed Securities and Exchange Commission (SEC) Director of the Office of the Investor Advocate. Martin Firvida, slated to assume the post on Jan. 17, 2023, most r...
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Financial Industry Regulatory Authority (FINRA) officials are detailing the organization's 2023 Examination and Risk Monitoring Program report, which provides firms with compliance program strengtheni...
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Citizens Financial Group officials maintain the financial institution's Citizens’ 2023 M&A (mergers and acquisitions) Outlook reflects optimistic company performance expectations and desired growth....
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U.S. Reps. Adrian Smith (R-NE) and Michelle Steel (R-CA) recently commended the House of Representatives' advancement of the Family and Small Business Taxpayer Protection Act (H.R. 23), citing the leg...
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Illinois state officials are touting 2022 adult use cannabis sales records in all categories the Illinois Department of Financial and Professional Regulation (IDFPR) tracks. “When I signed the Ca...
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KeyBank 2023 Financial Mobility Survey findings maintain Americans are in a difficult financial position and desire to become more aware of their financial picture. The survey was executed online b...
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