Securities and Exchange Commission (SEC) officials have detailed a complaint against four underwriting firms, alleging failure to comply with municipal bond offering disclosure requirements. The SE...
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A new survey has found that customers are highly satisfied with their bank’s customer service and fraud protection. In advance of a congressional hearing with bank CEOs, Morning Consult surveyed...
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The Financial Industry Regulatory Authority (FINRA) has fined BofA Securities for failing to report over-the-counter (OTC) options positions to the Large Options Positions Reporting system (LOPR). ...
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U.S. Rep. Ayanna Pressley (D-MA) and U.S. Sen. Elizabeth Warren (D-MA) recently forwarded correspondence to the nine federal student loan servicers, ensuring that borrowers receive accurate and timely...
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Senate Finance Committee Republicans Ranking Member Mike Crapo (R-ID) has introduced legislation that outlines Internal Revenue Service (IRS) audit prohibitions regarding those earning less than $400,...
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The Government Accountability Office (GAO) has issued recommendations to the Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency (OCC) regarding bank regulat...
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Global intelligence firm Curinos released a study this week that examined the impact of bank-led innovations on the rapidly evolving overdraft marketplace. The study highlighted the growing number...
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Republican members of the House Financial Services Committee’s Investor Protection, Entrepreneurship, and Capital Markets Subcommittee are urging the Financial Industry Regulatory Authority (FINRA) ...
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U.S. Rep. Eleanor Holmes Norton (D-DC) introduced legislation that would establish an inspector general for the Federal Retirement Thrift Investment Board (FRTIB). The FRTIB is the agency that mana...
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The Securities and Exchange Commission (SEC) has detailed charges against a New York-based investment adviser, alleging it failed to disclose personnel ownership conflicts of interest. According to...
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