U.S. Rep. Ann Wagner (R-MO) is commending House of Representatives colleagues for advancing her Financial Exploitation Prevention Act (H.R. 500), which offers protection for at-risk senior investors. ...
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The Securities and Exchange Commission (SEC) proposed amendments this week designed to strengthen and modernize its ethics compliance program. The proposed amendments would add new ethics requirem...
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The Federal Deposit Insurance Corporation (FDIC) has extended by 45 days the public comment period for proposed changes to regulations regarding the FDIC’s official sign and its official advertising...
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The Pew Charitable Trusts maintains large banks have pivoted toward offering small installment loans or lines of credit to checking account customers with low or no credit scores. Officials indicat...
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The Federal Reserve Board issued a policy statement last week that says uninsured banks supervised by the board will be subject to the same limitations on activities as insured banks and national bank...
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The private investment industry advocacy organization American Investment Council (AIC) and PitchBook recently released a report espousing the benefits of private equity’s (PE) role in supporting va...
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U.S. Sens. Chuck Grassley (R-IA) and Maria Cantwell (D-WA) are sponsoring two bills that seek to hold pharmacy benefit managers (PBMs) accountable for opaque and often deceptive practices that contrib...
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The International Swaps and Derivatives Association (ISDA) published a new standard documentation for trading digital asset derivatives last week. The ISDA Digital Asset Derivatives Definitions are...
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The American Bankers Association’s latest Credit Conditions Index says that bank economists expect credit conditions to soften over the next six months. This comes as the economy is expected to s...
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During its first open meeting of 2023, the National Credit Union Administration (NCUA) Board extended the 18-percent federal credit union loan interest rate ceiling and approved the Annual Performance...
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