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Regulation

SEC fills vacancies on Investor Advisory Committee

By Melina Druga   |   June 3, 2026   |   Federal

The Securities and Exchange Commission (SEC) recently announced that it has filled four vacancies on its Investor Advisory Committee. Three new members will serve four-year terms. The fourth will serv...

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Insurance group supports New York changes to legal system

By Liz Carey   |   June 1, 2026   |   Industry

The American Property Casualty Insurance Association (APCIA) said it supports reforms to thwart legal system abuse in New York state’s 2027 budget. APCIA praised New York Gov. Cathy Hochul for e...

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Number of LLCs registered in New Hampshire increases 18 percent

By Melina Druga   |   June 1, 2026   |   Industry

During the first four months of 2026, 7,417 new limited liability companies (LLCs) were formed in New Hampshire, an 18 percent year-over-year increase, according to the secretary of state’s office. ...

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CFTC files complaint against Swiss resident for insider trading

By Melina Druga   |   May 29, 2026   |   Federal

The Commodity Futures Trading Commission (CFTC) recently filed a complaint in the U.S. District Court for the Southern District of New York against Swiss resident Michele Spagnuolo, alleging insider t...

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MISMO issues white paper on fee standardization in the mortgage industry

By Dave Kovaleski   |   May 28, 2026   |   Federal

MISMO, the standards organization for the real estate finance industry, released a white paper this week on Fee Standardization in the Mortgage Industry. The paper is designed to showcase how MISMO...

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Regions Bank pays $4.9M to resolve Paycheck Protection Program charges

By Dave Kovaleski   |   May 28, 2026   |   Featured

Regions Bank agreed to pay the United States $4,919,631 to resolve allegations that the Birmingham, Ala.-based bank received payments related to the COVID-era Paycheck Protection Program (PPP). The...

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FDIC proposes rule implementing Bank Secrecy Act for stablecoin issuers

By Dave Kovaleski   |   May 27, 2026   |   Digital Currency

The board of the Federal Deposit Insurance Corporation (FDIC) approved a notice of proposed rulemaking related to the Bank Secrecy Act (BSA). Specifically, the proposed rule would implement Bank Se...

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Trump signs law increasing capital available to small businesses

By Melina Druga   |   May 27, 2026   |   Federal

President Donald Trump signed into law on May 19 legislation that increases the capital available to small businesses. The Investing in All of America Act passed both chambers of Congress unanimously....

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Sen. Warren raises concerns over Morgan Stanley giveaway, subsidizing European customers

By Liz Carey   |   May 27, 2026   |   Federal

U.S. Sen. Elizabeth Warren (D-MA) urged banking regulators to reconsider their decision to allow Morgan Stanley to use American taxpayer deposits to subsidize risky financial activities in Europe. ...

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CBA outlines recommendations for third-party risk management

By Dave Kovaleski   |   May 27, 2026   |   Featured

The Consumer Bankers Association (CBA) was among several groups that released a new report that outlines the principles and proposed reforms to third-party risk management (TPRM) in the financial serv...

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Cannabis Banking

  • Pennsylvania AG among coalition urging Congress to pass cannabis banking bill
  • New York State hits $1B in cannabis retail sales
  • AICPA makes recommendations to IRS on cannabis businesses in advance of marijuana reclassification
  • CTrust launches credit scoring platform for cannabis businesses
  • Senators push for legal cannabis businesses to have SBA access

Digital Currency

  • SIFMA makes recommendations for FinCEN on AML proposal for stablecoin issuers
  • Rep. Kustoff introduces bill to treat digital assets like other financial instruments
  • Rep. Yakym introduces bill to streamline tax reporting on digital assets
  • CME’s Bitcoin Volatility Index futures available for trading
  • Leading U.S. banks launch digital payments initiative

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  • Rep. Kustoff introduces bill to treat digital assets like other financial instruments
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