A new Federal Deposit Insurance Corporation (FDIC) survey found that nearly 96 percent of U.S. households were banked in 2021. The FDIC’s biennial 2021 National Survey of Unbanked and Underbanked...
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Securities and Exchange Commission (SEC) officials have outlined charges against a Toronto-based cannabis company and its former Chief Commercial Officer, alleging improper revenue accounting and othe...
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The American Property Casualty Insurance Association (APCIA) released a white paper this week examining how auto insurance is impacted by inflation. The paper, entitled "The New Normal? Auto Insure...
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The Federal Housing Finance Agency (FHFA) is making changes to Fannie Mae and Freddie Mac's guarantee fee pricing by eliminating upfront fees for certain borrowers and loan products. Specifically,...
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The Financial Industry Regulatory Authority (FINRA) launched a machine-readable rulebook initiative designed to help member firms better search for data while enhancing compliance, reducing costs, and...
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The Securities and Exchange Commission (SEC) settled charges with Mattel Inc. related to misstatements by the company in its third- and fourth-quarter 2017 financial statements. The company has ag...
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U.S. Reps. Blaine Luetkemeyer (R-MO) and Brad Sherman (D-CA) recently forwarded correspondence to the Federal Housing Finance Agency (FHFA) Director Sandra Thompson, noting concerns regarding the pote...
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The Commodity Futures Trading Commission (CFTC) imposed over $2.5 billion in enforcement penalties in fiscal year 2022, according to its annual report. The penalties were assessed through either r...
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A new survey conducted by Morning Consult for the American Bankers Association (ABA) reveals trends and preferences among consumers when it comes to banking. Among the highlights, the survey found ...
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A group of Republican lawmakers introduced legislation this week that mandates that a fiduciary of a retirement plan must act solely in the financial and pecuniary interest of the participants and ben...
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