The Securities and Exchange Commission (SEC) on Aug. 14 announced charges against 26 broker-dealers, investment advisers, and dually registered broker-dealers and investment advisers for widespread, o...
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A bipartisan, bicameral bill pending in both houses of Congress aims to help promote the innovation of artificial intelligence (AI) in the nation’s financial services industry. Specifically, the ...
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U.S. Rep. Dave Joyce (R-OH) introduced legislation that would increase the tax rate on private university endowment profits. The Higher Education Accountability Tax (HEAT) Act (H.R. 9331) would inc...
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The NFIB Small Business Optimism Index hit its highest level since February 2022, as it rose 2.2 points in July to 93.7. While climbing, the index came in below the 50-year average of 98 for the 3...
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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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