ROAD to Housing act becomes law
The bipartisan, bicameral housing package called the 21st Century ROAD to Housing Act became law over the weekend. The housing bill passed in both the House and the Senate in late June and the pres...
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OCC shuts down Indiana-based savings and loan
The Office of the Comptroller of the Currency closed the Kentland Federal Savings and Loan Association of Kentland, Ind. The OCC appointed the Federal Deposit Insurance Corporation (FDIC) as receiv...
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SEC updates FAQs on Registration of Municipal Advisors web page
The Securities and Exchange Commission (SEC) updated the frequently asked questions (FAQs) on its Registration of Municipal Advisors FAQs web page. The updated FAQs, administered by the SECʻs Offi...
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Fed appoints new leadership to its five task forces
The Federal Reserve appointed the new leaders of its task forces and established objectives for those groups to advance the conduct of monetary policy. The five Federal Reserve task forces will exa...
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White paper outlines roadmap for scaling digital mortgage adoption through eClosing
Real estate finance industry organization MISO announced it had created guidance for implementing digital mortgage solutions in a new white paper. The paper, “From paper to performance: How eNot...
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CFTC issues stay on trading contract for crude oil futures
The Commodity Futures Trading Commission (CFTC) recently announced it will exercise its authority to stay the listing of a contract that would have allowed Chicago Mercantile Exchange (CME) to initiat...
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Circle Internet Group gets OCC approval to establish national trust bank
Circle Internet Group received approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish First National Digital Currency Bank – a national trust bank. The bank will oper...
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SEC virtual roundtable to focus on modernizing IPOs, expanding access
On Wednesday, the Securities and Exchange Commission’s Office of the Advocate for Small Business Capital Formation, and the Division of Corporation Finance announced they would co-host a livestreame...
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PNC Bank launches new mobile app
PNC Bank, a member of the PNC Financial Services Group, one of the largest diversified financial services institutions in the United States, recently launched a new mobile banking app. "Our new mob...
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Sens. Schiff, Curtis to introduce bill to foster IT updates at the SBA
U.S. Sens. Adam Schiff (D-CA) and John Curtis (R-UT) plan to introduce bipartisan legislation to improve the Small Business Administration (SBA)’s ability to develop IT modernization projects. Th...
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