The Managed Funds Association (MFA) offered some recommendations for the U.S. Treasury Department to consider as they set rules on the use of artificial intelligence (AI) in financial services. In ...
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To help rid the market of predatory and exclusionary home lending practices, the Consumer Financial Protection Bureau (CFPB) today released an advisory opinion and research report on contract-for-deed...
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Two United States senators denounced a threat by JPMorgan Chase & Co. to impose new checking account fees for over 80 million consumers in response to the Consumer Financial Protection Bureau’s ...
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The Securities and Exchange Commission (SEC) settled fraud charges against Ideanomics, Inc., formerly known as Seven Stars Cloud Group, Inc., and its former CEO for misleading the public about the com...
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The Financial Crimes Enforcement Network (FinCEN), which is part of the U.S. Treasury Department is launching a public service announcement (PSA) campaign to educate small businesses about new benefic...
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U.S. Sens. Bob Casey (D-PA) and Elizabeth Warren (D-MA) are questioning Kroger Co.’s use of digital price tags, or Electronic Shelving Labels (ESLs), in 500 of its grocery stores, a move the lawmake...
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The U.S. District Court for the Southern District of New York ordered FTX Trading and Alameda Research to pay $12.7 billion in monetary relief to FTX customers and victims of FTX’s fraud. The or...
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Two Harbors Investment Corp. has selected Intercontinental Exchange’s Encompass digital mortgage platform to support their new direct-to-consumer recapture originations channel. Encompass is a l...
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New federal financial data and analysis show that under the Inflation Reduction Act (IRA), more than 3.4 million American families benefited from $8.4 billion in tax credits to lower the costs of clea...
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U.S. Sens. Mike Crapo (R-ID) and Ron Wyden (D-OR) are seeking information from the Social Security Administration (SSA) on its use of artificial intelligence (AI), particularly when it comes to making...
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