The Securities and Exchange Commission (SEC) has charged broker-dealer J.P. Morgan Securities (JPMS) for widespread and longstanding failures to maintain and preserve written communications. JPMS,...
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The Financial Stability Oversight Council (FSOC) approved its 2021 annual report, which includes recommendations related to financial climate risk, cybersecurity, digital asserts, and LIBOR to promote...
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A group of U.S. senators recently urged Treasury Secretary Janet Yellen to work with Congress to ensure that the cryptocurrency provision in the Infrastructure Investment and Jobs Act is implemented i...
Read MoreAt a U.S. Senate Banking Committee hearing on stablecoins last week, Sen. Pat Toomey (R-PA), the ranking member, outlined a set of principles that should serve as the framework for future legislation....
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The Securities and Exchange Commission (SEC) has proposed amendments to its rules related to disclosure of share repurchases, also known as stock buybacks. The proposed rules would require an issue...
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A group of six U.S. senators recently urged federal regulators to strengthen oversight of “buy now, pay later” (BNPL) installment loan providers. BNPL products allow consumers to split the cos...
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U.S. Sen. John Kennedy (R-LA) is touting the potential benefits of a measure he introduced that focuses on aiding small business owners in gaining access to merger and acquisition (M&A) brokers. Ke...
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More than $8.7 billion in investments will be deployed through the Emergency Capital Investment Program (ECIP) to increase lending to small and minority-owned businesses and low- and moderate-income c...
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A MetLife and U.S. Chamber of Commerce Small Business Index report has determined that small business owner optimism is on the rise regarding hiring and investment plans. A pandemic-era high score ...
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The U.S. Government Accountability Office (GAO) released a report outlining the need for better information sharing and collaboration to combat trade-based money laundering (TBML). TBML is the syst...
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