The Securities and Exchange Commission (SEC) published a new report this week of Registered Fund Statistics. The report, which will be updated on a quarterly basis, is designed to provide the publi...
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The U.S. Department of Labor (DOL) has finalized its Retirement Security Rule, which updates the definition of an investment advice fiduciary. The final rule requires trusted investment advice provid...
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CME Group, the leading derivatives marketplace, is set to launch trading for its new credit futures contracts on June 17, pending regulatory reviews. CME Group’s credit futures will be the first fu...
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U.S. Reps. David Valadao (R-CA) and Wiley Nickel (D-NC) introduced legislation on Tuesday that would promote financial literacy education in high schools. The bill, the Promoting Financial Literacy i...
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The total number of loans now in forbearance remained unchanged in March, according to the Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey. According to the report, 110,000 home...
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The G7 Cyber Expert Group said Tuesday it had completed a cross-border coordination exercise that would ensure its effectiveness in a widespread financial sector cyber incident. Authorities with the ...
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A bipartisan group of U.S. House lawmakers introduced a bill on April 17 that seeks to prevent U.S. trade policy from favoring certain foreign e-commerce distribution operations. Current U.S. law all...
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On Thursday, U.S. Reps. French Hill (R-AR) and David Scott (D-GA) introduced legislation to provide greater transparency in bank exams. The legislation, the Fair Audits and Inspections for Regula...
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U.S. Sens. Sherrod Brown (D-OH) and Jack Reed (D-RI) are urging the nation’s four largest banks to protect consumers from wire fraud. In a letter to the CEOs of JPMorgan Chase, Bank of America, ...
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U.S. Sen. Tim Scott (R-SC) introduced a resolution to overturn the Securities and Exchange Commission’s (SEC) climate disclosure rule. The resolution calls for the disapproval of the SEC rule, ca...
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