A new rule proposed by the Consumer Financial Protection Bureau (CFPB) would block banks and other financial institutions from instituting junk fees on transactions declined at the swipe, tap or click...
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The Securities and Exchange Commission (SEC) adopted new rules and amendments this week that would impact initial public offerings (IPOs) by special purpose acquisition companies (SPACs). SPAC IPOs...
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The Public Company Accounting Oversight Board (PCAOB) took disciplinary action against a firm and individuals tied to it for violations of its rules and standards. Specifically, the actions were ta...
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U.S. Rep. Zach Nunn (R-IA) and U. S. Sen. Jerry Moran (R-KS) are leading an effort to caution federal regulators on how they believe the new proposed capital requirements on banks would impact the agr...
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On Friday, the Federal Deposit Insurance Corporation (FDIC) sent letters to five entities demanding they stop making false and misleading claims about FDIC deposit insurance. According to the lett...
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A group of U.S. senators sent a letter to federal regulators last week, voicing their support for the new capital rules proposed by the Federal Reserve, the Federal Deposit Insurance Corporation (FDIC...
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More than 1,000 projects have registered for the clean energy tax credits program, according to the U.S. Department of the Treasury and Internal Revenue Service (IRS). The Inflation Reduction Act ...
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The Consumer Bankers Association (CBA) issued a white paper this week that examines the impacts of federal banking regulators' proposal to increase capital requirements on banks and financial institut...
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The Futures Industry Association (FIA) voiced its opposition to proposed rules by federal bank regulators that would increase capital requirements for derivatives clearing services that banks offer to...
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The U.S. House of Representatives passed several bills this week from the House Financial Services Committee, including two that are designed to protect Taiwan. One of them is the Taiwan Non-Discri...
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