The National Football League (NFL) voted this week to allow private equity investment in its teams, starting this year. With the new rule, private equity firms will be allowed to own up to a 10 pe...
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A group of Congressional Republicans, led by U.S. Sen. Mike Crapo (R-ID), are urging the Congressional Budget Office (CBO) to analyze the budgetary impact of the Medicare Part D Premium Stabilization ...
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The Commodity Futures Trading Commission (CFTC) settled charges with the Bank of New York Mellon for repeatedly failing to correctly report millions of swap transactions to a registered swap data repo...
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The board of the Federal Deposit Insurance Corporation (FDIC) appointed Carrie Cohen to serve as its independent transformation monitor. In this capacity, Cohen, a partner at Morrison Foerster LLP...
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The U.S. Securities and Exchange Commission (SEC) adopted a rule last week that updates the dollar threshold for a fund to qualify as a “qualifying venture capital fund.” The rule updates the ...
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The Conference of State Bank Supervisors (CSBS) has established a new advisory group on the use of artificial intelligence (AI) in the financial services sector. The CSBS Artificial Intelligence A...
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Last year, lending for multifamily properties declined 49 percent from the previous year, according to the Mortgage Bankers Association’s (MBA) annual report of the multifamily lending market. Sp...
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A federal judge on Aug. 20 barred the Federal Trade Commission’s (FTC’s) ban on employment noncompete agreements from taking effect Sept. 4. U.S. District Judge Ada Brown of the Northern Distri...
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The Consumer Financial Protection Bureau (CFPB) ordered Fay Servicing to pay a multi-million-dollar penalty for violations of mortgage servicing laws, as well as violations of a past enforcement order...
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Two Public Company Accounting Oversight Board (PCAOB) proposals to update audit standards regarding general responsibilities of the auditor and use of technology-assisted analysis in conducting an aud...
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