The Securities and Exchange Commission (SEC) has proposed new rules to improve access to and management of accounts on its EDGAR system. EDGAR, which stands for the Electronic Data Gathering, Anal...
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The Securities Industry and Financial Markets Association (SIFMA), along with the SIFMA Asset Management Group are among 26 associations urging the Securities and Exchange Commission (SEC) not to adop...
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U.S. Sens. Ron Wyden (D-OR), Sherrod Brown (D-OH), and Bill Cassidy (R-LA) introduced legislation to reform the Supplemental Security Income (SSI) program. The SSI Savings Penalty Elimination Act w...
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The Federal Housing Finance Agency (FHFA) is rolling out more opportunities for the public to engage with it on the transition to updated credit score models and credit report requirements for loans a...
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CME Group, the world's leading derivatives marketplace, got approval from federal regulators for its enhanced cross-margining arrangement with the Depository Trust & Clearing Corporation (DTCC). Th...
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The Insured Retirement Institute (IRI) said modifications should be considered for a proposed model from the National Association of Insurance Commissioners (NIAC) on insurers’ use of algorithms, pr...
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The Federal Deposit Insurance Corporation (FDIC) released an internal review evaluating the agency’s supervision of First Republic Bank, which failed earlier this year. The report, conducted by F...
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The Internal Revenue Service (IRS) has begun an initiative to improve tax compliance among high-income earners, partnerships, large corporations, and promoters abusing the nation's tax laws. The ef...
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The Consumer Financial Protection Bureau (CFPB) issued a new report Thursday looking at the impacts companies like Apple and Google have had on payment systems from mobile devices like smartphones and...
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U.S. banks posted aggregate net income of $70.8 billion in second quarter of 2023, down about $9 billion, or 11.3 percent, from first quarter 2023, according to the Federal Deposit Insurance Corporati...
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