The U.S. House of Representatives unanimously passed legislation on Wednesday that would provide local banks with additional flexibility regarding reciprocal deposits. The Keeping Deposits Local Ac...
Read More
The Financial Industry Regulatory Authority (FINRA) is conducting a review of firm practices related to higher-risk structured products The review will examine how firms supervise concentrations in...
Read More
The Securities and Exchange Commission (SEC) has proposed amendments governing registered offerings that increase efficiency, flexibility, and cost savings for public companies. In addition, the co...
Read More
Legislation guaranteeing taxpayers can have their day in court if they dispute the Internal Revenue Service, passed the House this week. The legislation, the Taxpayer Due Process Enhancement Act, i...
Read More
The Securities and Exchange Commission (SEC) rescinded a policy this week related to the denial of settlements in enforcement actions. Specifically, the SEC rescinded a policy that stated that when...
Read More
Commodity Futures Trading Commission (CFTC) Chairman Michael Selig recently announced that DJ Hennes will serve as Market Participants Division director. “I am pleased to welcome DJ to the CFTC,...
Read More
A new survey from TD Bank U.S. found that middle-market dealmakers anticipate improving conditions over the next 12 months, but valuation gaps and others continue to influence when and how transaction...
Read More
Two final rules on national banks’ and federal savings’ association’s real estate lending powers issued by the Office of the Comptroller of the Currency will change how the payment of interest o...
Read More
The parent company of Hancock Whitney Bank is acquiring One Florida Bank in an all-cash transaction. One Florida Bank, a subsidiary of OFB Bancshares, operates five financial centers in the greater...
Read More
Financial services firm JPMorganChase recently announced it is investing nearly $14 million in philanthropic organizations that help protect Americans from fraud and scams and provide consumer awarene...
Read More