U.S. Reps. Young Kim (R-CA) and Sam Liccardo (D-CA) introduced legislation recently that would modernize how payment companies access payment rails. The legislation, the Payments Access and Consum...
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The Securities and Exchange Commission (SEC) along with the Commodity Futures Trading Commission (CFTC) proposed joint amendments to reduce private fund reporting requirements while enabling the colle...
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The Maine Bankers Association, an advocacy group advancing the interests of its members, and Stablecore, a platform enabling community and regional banks to offer stablecoins, tokenized deposits and d...
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U.S. Sen. Elizabeth Warren (D-MA) is questioning whether the chairman of the Securities and Exchange Commission tried to hide from Congress the agency’s record low enforcement activity. In a let...
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U.S. Sen. Ron Wyden (D-OR) introduced legislation recently that seeks to close loopholes that allow investors to use derivatives contracts to evade taxes on the underlying investments. Derivatives ...
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Legislation recently introduced in the U.S. Senate would close the carried interest loophole and ensure hedge fund managers and private equity CEOs pay their fair share in taxes. The carried intere...
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The Securities and Exchange Commission (SEC) recently issued a conditional exemptive order regarding permit customer cross-margining in the U.S. Treasury Market. The order permits customer cross-ma...
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Small Business Administration (SBA) Administrator Kelly Loeffler said the reauthorization of Small Business Innovation Research and Small Business Technology Transfer programs will ensure small busine...
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The Commodity Futures Trading Commission (CFTC) recently announced the members of the new Innovation Task Force. The task force will be charged with developing a clear regulatory framework for inno...
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The U.S. Department of the Treasury’s Office of Cybersecurity and Critical Infrastructure Protection (OCCIP) launched a new initiative to strengthen cybersecurity in the digital asset industry. T...
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