America’s professional athletes rake in the big bucks, accumulating hefty bank accounts oftentimes by a young age. At the same time, though, knowing how to manage their new-found wealth is an entire...
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The Commodity Futures Trading Commission filed a complaint against the former CEO of a bankrupt company for fraud and registration failures. The complaint, filed in the U.S. District Court for the ...
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U.S. Rep. Bill Huizenga (R-MI) introduced a bill in the House last week that would effectively cut off the Iranian Government from the U.S. financial system. Specifically, Huizenga’s No U.S. Fin...
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The Federal Deposit Insurance Corporation (FDIC) recently launched a national campaign to increase the public’s awareness of deposit insurance. The campaign, called “Know Your Risk. Protect You...
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The Consumer Financial Protection Bureau (CFPB) issued an advisory opinion on a provision enacted by Congress that prohibits large banks and credit unions from charging excessive fees for basic inform...
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The Insured Retirement Institute (IRI) is urging the U.S. Department of Labor (DOL) to focus on maximizing the adoption of electronic delivery for document sharing. In a comment letter to the DOL, ...
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The Securities Industry and Financial Markets Association (SIFMA) and SIFMA Asset Management Group (AMG) are urging the Securities and Exchange Commission (SEC) not to move forward on a proposal relat...
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The Securities and Exchange Commission (SEC) adopted rule amendments governing beneficial ownership reporting, requiring market participants to provide more timely information on their positions to me...
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The chairman of the National Credit Union Administration (NCUA) discussed the housing market and consumer challenges, among other topics, at the American Credit Union Mortgage Association's 2023 Annua...
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The National Association of Federally-insured Credit Unions is asked the U.S. Consumer Financial Protection Bureau to be more transparent about potential supervisory use of artificial intelligence (AI...
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