The Securities and Exchange Commission (SEC) has outlined charges against entities for allegedly failing to file hundreds of Suspicious Activity Reports (SARs) from 2009 to late 2019. The SEC noted...
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A group of 132 Republican lawmakers in Congress are filing an amicus curiae brief to the Supreme Court in a case involving the constitutionality of the Consumer Financial Protection Bureau’s (CFPB) ...
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Findings from Northwestern Mutual's 2023 Planning & Progress Study maintain the average American's personal debt exclusive of mortgages is $21,800, or $8,000 less than reported in 2019. "At a time ...
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A new study by the Credit Union National Association (CUNA) and the American Association of Credit Union Leagues (AACUL) examines the impact of debit card interchange legislation on consumers, small b...
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The Intercontinental Exchange, which runs the New York Stock Exchange and other indexes, reported strong first half volumes and open interest (OI) across soft commodities. Specifically, volumes acr...
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The Consumer Financial Protection Bureau (CFPB) has detailed an action order against Bank of America for a series of alleged infractions. The CFPB alleges Bank of America systematically double-dipp...
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The Federal Housing Finance Agency (FHFA) is seeking input regarding a proposed rule amending the Suspended Counterparty Program (SCP) regulation. “Amending the Suspended Counterparty Program wil...
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Officials with the U.S. Department of the Treasury are espousing the benefits of its Homeowner Assistance Fund (HAF), which has aided more underserved communities than prior federal mortgage assistanc...
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U.S. Reps. Bill Huizenga (R-MI) and Steve Womack (R-AZ) expressed concerns with the Securities and Exchange Commission’s (SEC) proposed new rules for private fund advisors. Specifically, the lawm...
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A Conference of State Bank Supervisors (CSBS) analysis maintains community bankers' outlook regarding economic conditions has reached lowest recorded level since the survey began in 2019. According...
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