The Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) recently issued a joint request for public comment on issues related to further harmonizing regulatory ...
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JPMorgan Chase & Co. announced two new co-presidents on Thursday. Doug Petno and Troy Rohrbaugh were named co-CEOs of the Commercial and Investment Bank, and co-presidents of the company. Petno wi...
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The Financial Exploitation Prevention Act recently passed in the U.S. House of Representatives. This bill, H.R. 2478, would procedures for delaying the redemption of certain securities if an invest...
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The U.S. property/casualty insurance industry’s financial performance improved through the first three months of 2026 when compared to a year ago, according to Verisk, a strategic data analytics com...
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The Federal Reserve Board’s annual bank stress test results confirm that large banks are well positioned to weather a severe recession. The stress test’s hypothetical scenario featured a severe...
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The U.S. Department of Housing and Urban Development (HUD) recently announced 14 policy changes to the Federal Housing Administration (FHA) Single Family mortgage insurance program that will reduce re...
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The U.S. House of Representatives passed legislation this week that seeks to ensure that small businesses are protected from cybersecurity risks. The Small Business Cybersecurity Assistance Evaluat...
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According to a report from the Joint Economic Committee, the federal government is spending more on insurance brokers. As part of a brief entitled “Right Plans or Wrong Incentives? How Broker Pa...
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The Commodity Futures Trading Commission (CFTC) recently issued a request for comment to gather public input on two related developments in the energy derivatives markets. The agency asks two sets of ...
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U.S. Rep. Young Kim (R-CA) recently introduced legislation that would allow banks and other financial institutions to place extended holds on suspicious checks and wire transfers while potential fraud...
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