The Bank Policy Institute (BPI), a nonpartisan public policy, research and advocacy group, has issued principles to regulators regarding bank climate risk guidance. BPI has filed a pair of comment ...
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The North American Securities Administrators Association (NASAA) and the U.S. Securities and Exchange Commission (SEC) announced a $100 million settlement with BlockFi Lending. The settlement follo...
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U.S. Rep. Patrick McHenry (R-NC) is urging greater oversight by the U.S. Treasury of the Emergency Rental Assistance (ERA) programs. McHenry, the ranking member on the House Financial Services Com...
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U.S. Sens. Elizabeth Warren (D-MA) and Tina Smith (D-MN) expressed concerns about the Employee Benefits Security Administration (EBSA) proposal to grant a one-year exemption to Credit Suisse Group AG....
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The U.S. Securities and Exchange Commission (SEC) has proposed amendments to a rule governing beneficial ownership to provide more timely information. The proposed amendments to Regulation 13D-G wo...
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The Federal Reserve Board released the hypothetical scenarios for its annual bank stress tests last week. These tests help ensure that large banks can lend to households and businesses even in a se...
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The U.S. Securities and Exchange Commission (SEC) has proposed new rules related to registered investment advisers and business development companies on cybersecurity risk management. The proposed...
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A recently convened Joint Economic Committee (JEC) Democrats hearing explored efforts to enhance the labor market and empower older workers. JEC Chairman Don Beyer (D-VA) presided over the session ...
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Financial technology provider PYMTS and Amount study findings have determined buy now, pay later (BNPL) users prefer versions of the service through their bank rather than through a fintech provider. ...
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The U.S. Securities and Exchange Commission (SEC) recently proposed rule changes as a means of reducing risks in the clearance and settlement of securities. “These proposed amendments to the secu...
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