The Financial Accounting Standards Board (FASB), an independent, private-sector organization that establishes financial accounting and reporting standards, recently published a proposed accounting sta...
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Leading House Republicans are urging the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) to finalize its Anti-Money Laundering and Countering the Financing of Terrorism (AML...
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The Financial Industry Regulatory Authority (FINRA) announced it had expelled from its membership Reid & Rudiger LLC and barred its co-founder Clifford Reid and CEO Edward Rudiger, Jr. from associatio...
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Lawmakers on Capitol Hill have updated language in the 21st Century ROAD to Housing Act to reflect work done in both houses of Congress to address housing affordability. Lawmakers in the Senate an...
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The Commodity Futures Trading Commission (CFTC) recently made two senior staff appointments. Donald Battle has been named chief data innovation officer, and J Matthew Haws becomes senior adviser and C...
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The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) provided updated guidance to clarify how financial institutions can share information with each other about suspec...
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The Securities and Exchange Commission (SEC) is proposing to rescind Rules 611 and 610(e) of Regulation NMS, or Regulation of the National Market System. Rule 611 of Regulation NMS, adopted in 2005...
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U.S. Reps. Sean Casten (D-IL) and Maria Salazar (R-FL) introduced legislation recently that would provide strong protections for potential fraud victims and require crypto ATM companies to comply with...
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The Securities Industry and Financial Markets Association (SIFMA) provided feedback to the Financial Crimes Enforcement Network (FinCEN) and Office of Foreign Assets Control (OFAC) on its recent propo...
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U.S. Rep. David Kustoff (R-TN) introduced legislation that seeks to update the Internal Revenue Code to make digital assets treated the same as comparable financial instruments. The bill, H.R. 9176...
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