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Saturday, May 10th, 2025

Home » Industry » Page 85

Industry

Treasury’s OFAC sanctions entities, individual for financing Houthi attacks on international shipping

By Dave Kovaleski   |   January 2, 2024   |   Featured

One individual and three entities were designated by the Department of the Treasury’s Office of Foreign Assets Control (OFAC) as being responsible for facilitating the flow of Iranian financial assi...

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New Jersey court takes action against Illinois-based investment managers

By Dave Kovaleski   |   January 2, 2024   |   Federal

The U.S. District Court for the District of New Jersey issued a default order of final judgment against Illinois-based Valdas Dapkus on Nov. 28, according to the Commodity Futures Trading Commission (...

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Treasury report reveals Americans purchasing power has surpassed pre-pandemic levels

By Dave Kovaleski   |   December 29, 2023   |   Industry

A new report from the U.S Treasury has found that the purchasing power of Americans has now surpassed pre-pandemic levels. The Treasury’s analysis explores the interplay of wages, employment, and...

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NAFCU offers feedback on NCUA’s proposal regarding share insurance coverage

By Dave Kovaleski   |   December 29, 2023   |   Featured

The National Association of Federally-Insured Credit Unions (NAFCU) reached out to the National Credit Union Administration (NCUA) on its proposed regulations governing share insurance coverage. In...

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Treasury releases RFI for feedback on developing financial inclusion strategy

By Dave Kovaleski   |   December 28, 2023   |   Federal

The U.S. Department of the Treasury issued a request for information (RFI) to gather input to develop a national strategy for financial inclusion. The Treasury Department began work on a financial...

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Feral Talib

FINRA names Feral Talib as executive vice president, head of surveillance and market intelligence

By Liz Carey   |   December 28, 2023   |   Federal

The Financial Industry Regulatory Authority (FINRA), a non-profit dedicated to investor protection and market integrity, announced it has appointed Feral Talib to serve as executive vice president and...

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College sponsored financial products charge unusual fees, CFPB finds

By Liz Carey   |   December 27, 2023   |   Featured

A new report from the Consumer Financial Protection Bureau (CFPB) has found that many college-sponsored financial products, like credit cards and deposit accounts, include unusual fees and worse terms...

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New York Stock Exchange has most listing transfers for second year

By Financial Regulation News Reports   |   December 27, 2023   |   Industry

The New York Stock Exchange (NYSE) has the most listing transfers for the second-straight year in 2023. During the year, the 32 listings were transferred, bringing $120 billion in new market capita...

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FHFA releases foreclosure report for Fannie Mae, Freddie Mac in third quarter

By Dave Kovaleski   |   December 26, 2023   |   Industry

The Federal Housing Finance Agency (FHFA) released its Foreclosure Prevention and Refinance Report for the third quarter. The report shows that Fannie Mae and Freddie Mac, or the enterprises, comp...

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Reps. Meuser, Wagner urge SEC to reconsider exchange transaction pricing plan

By Dave Kovaleski   |   December 26, 2023   |   Featured

A coalition of Republican members of the Financial Services Committee Capital Markets Subcommittee voiced their opposition to the Securities and Exchange Commission’s (SEC) recent proposal to prohib...

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Cannabis Banking

  • New York State hits $1B in cannabis retail sales
  • AICPA makes recommendations to IRS on cannabis businesses in advance of marijuana reclassification
  • CTrust launches credit scoring platform for cannabis businesses
  • Senators push for legal cannabis businesses to have SBA access
  • Delaware to consider bill protecting financial businesses serving legal marijuana industry

Digital Currency

  • House Republican leaders draft of bill to establish U.S. digital asset framework
  • Sen. Thune to expedite vote on GENIUS Act stablecoins bill
  • Federal Reserve Board withdraws crypto-asset bank guidance
  • PGI Global founder charged in crypto fraud scheme
  • SEC Crypto Task Force to hold crypto custody roundtable

Most Read Last 7 Days

  • Lawmakers urge reconsideration of Capital One-Discover merger
  • CFPB says it will not prioritize buy now, pay later enforcement
  • Reps. Smucker, Davids introduce bill to reduce student loan burden
  • House Republican leaders draft of bill to establish U.S. digital asset framework
  • Credit Suisse hit with $510M fine for IRS violations
  • Huntington National Bank opens first branch in the Carolinas
  • Forward Air board under fire from activist investor Ancora
  • Tariffs have begun harming small businesses, according to Senate committee report
  • Sens. Gallego, McCormick sponsor legislation to boost affordable housing supply
  • Stephen Luparello named chairman of OCC

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