The Commodity Futures Trading Commission (CFRC) filed a civil enforcement action against a Texas company and its founders for allegedly defrauding customers through a scheme involving cattle. The a...
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The Securities and Exchange Commission (SEC), along with the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) proposed a new rule designed to prevent illicit finance a...
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Applications for the federal Low-Income Communities Bonus Credit Program will soon be accepting applications for the 2024 program year, the U.S. Department of the Treasury and the Internal Revenue Ser...
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U.S. Rep. Young Kim (R-CA) introduced legislation this week that seeks to codify policies related to small-dollar loans. Federal agencies, in May of 2020, issued guidance for responsible small-dol...
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On Thursday, Cloudflare announced it would be partnering with the U.S. Department of Treasury and Pacific Northwest National Laboratory to improve cyber resilience for the financial services industry....
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The Federal Reserve Board issued a report last week that details the Climate Scenario Analysis (CSA) exercise that it conducted with six of the nation's largest banks. The report describes how thes...
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Financial firms and organizations, including the Securities Industry and Financial Markets Association SIFMA) announced a Regulated Settlement Network (RSN) proof-of-concept (PoC) to explore the feasi...
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A new survey from Santander Bank has found that less than 20 percent of Americans are using higher-rate savings accounts to grow their savings. In the bank’s inaugural Growing Personal Savings (...
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U.S. Reps. Darin LaHood (R-IL) and Drew Ferguson (R-GA) introduced legislation this week that seeks to remove obstacles within the tax code to incentivize American businesses to return intellectual pr...
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On Tuesday, the U.S. Department of Transportation’s Office of Small and Disadvantaged Business Utilization (OSDBU) announced it had launched a new initiative to connect small businesses to private c...
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