The U.S. Department of the Treasury is commending the United Kingdom’s establishment of a Global Anti-Corruption Sanctions program. Treasury Secretary Janet Yellen recently praised the initiative...
Read More
The Securities and Exchange Commission's (SEC) Small Business Capital Formation Advisory Committee is slated to explore methods of increasing underrepresented founders and smaller investor's capital a...
Read More
The Commodity Futures Trading Commission (CFTC) has awarded a whistleblower approximately $3 million for a tip resulting in the CFTC opening an investigation that yielded enforcement action. “Thi...
Read More
The Federal Deposit Insurance Corporation (FDIC) has issued proposed guidance regarding statutory authority prohibiting FDIC deposit insurance misrepresentation or name or logo misuse. The statutor...
Read More
Three government agencies recently provided a status update regarding Economic Impact Payments from the American Rescue Plan, noting nearly 2 million payments in the sixth batch. The Department of ...
Read More
Securities and Exchange Commission (SEC) officials said Alex Oh has been appointed Director of the Division of Enforcement. “Our capital markets – and the broader economy – thrive when there ...
Read More
House Financial Services Committee Republicans have released a staff report outlining recommendations to fully utilize financial innovation for greater inclusivity. The Committee’s Task Forces on...
Read More
The Consumer Financial Protection Bureau (CFPB) has issued an interim final rule supporting the Centers for Disease Control and Prevention (CDC)’s eviction moratorium. The agency's guidance requ...
Read More
The Independent Community Bankers of America (ICBA) has outlined its legislative and regulatory priorities, with officials noting the effort would assist local lenders in meeting the needs of local co...
Read More
The U.S. House of Representatives has passed several financial services bills to bolster transparency, literacy, and fair debt collection. Included in the advanced measures is the Eliminate Barrier...
Read More
The House of Representatives advanced this week the SAFE Banking Act of 2021. The measure, authored by Rep. Ed Perlmutter (D-CO) and sponsored by Reps. Nydia M. Velázquez (D-NY), Steve Stivers (R-...
Read More
Two Republican House leaders are calling for Securities and Exchange Commission (SEC) reforms that include modernizing capital markets, promoting greater transparency, and avoiding mission creep. R...
Read More
Reps. Emanuel Cleaver, II (D-MO) and Ritchie Torres (D-NY) recently introduced legislation designed to address the nation's residential and commercial real estate appraisal industry disparities. Th...
Read More
The Securities and Exchange Commission (SEC) has voted to reopen the comment period regarding proposed rules for the use of universal proxy cards as a means of aiding director elections. The effort...
Read More
Securities and Exchange Commission (SEC) officials said joint whistleblowers have been awarded over $50 million for alerting agency staff to violations difficult to detect without their information. ...
Read More
Reps. Vern Buchanan (R-FL) and Ted Deutch (D-FL) are commending the House of Representatives' passage of a measure designed to protect seniors from fraudulent scams. The Seniors Fraud Protection Ac...
Read More
During a recent hearing focusing on affordable housing federal funding, the House Financial Services Committee examined a proposed measure that a lawmaker said would multiply existing funding fivefold...
Read More
Sens. Sherrod Brown (D-OH) and Marco Rubio (R-FL) reintroduced a measure designed to protect small businesses from predatory lenders. The Small Business Lending Fairness Act codifies the Federal Tr...
Read More
Rep. Maxine Waters (D-CA), House Financial Services Committee chairwoman, has forwarded correspondence supporting Financial Crimes Enforcement Network (FinCEN) supplemental funding. Waters sent th...
Read More
The Consumer Bankers Association (CBA) has outlined a series of reforms the organization said reduces student debt while also protecting borrowers. According to the CBA, initiatives include reining...
Read More