The Commodity Futures Trading Commission (CFTC) filed a lawsuit to halt the State of New York’s efforts to apply state gambling laws against CFTC-registered contract markets. In its complaint aga...
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BMO Financial Group, the eighth largest bank by assets in North America, rolled out a simplified Online Banking for Business (OLBB) for smaller businesses. Previously available through a limited r...
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Pennsylvania-based F&M Trust, an independent community bank, recently promoted Senior Executive Vice President Chad Carroll to president and chief operating officer, effective today. He also becomes a...
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Regions Bank and Dash Solutions announced they will launch Regions ReimbursePro, the bank’s latest Treasury Management innovation to help business clients modernize their payment processes. Reim...
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A coalition of more than 120 digital asset companies and organizations recently sent a letter to the U.S. Senate Committee on Banking, Housing, and Urban Affairs, urging it to move forward with a mark...
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The U.S. Department of the Treasury and the Internal Revenue Service (IRS) will issue guidance that addresses the federal tax consequences of increasing medical marijuana research. Specifically, th...
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The Federal Housing Administration (FHA), Fannie Mae and Freddie Mac will be implementing their first new credit score models for mortgages in decades. The change is intended to lower costs. “Tha...
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KeyCorp, the parent company of KeyBank, is acquiring Clearwater Corporate Finance, a U.K.-based middle market investment banking advisory firm. The transaction will mark Key's strategic entry into ...
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The House Financial Services and the House Energy & Commerce committees jointly advanced two data privacy bills this week. One of them is the GUARD Financial Data Act, which establishes Title V of ...
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New York Gov. Kathy Hochul issued an executive order that will prohibit state employees from using their inside information to make bets on prediction markets. Prediction markets such as Kalshi an...
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