Secret Service personnel said the agency has returned to the Small Business Administration (SBA) approximately $286 million in fraudulently obtained Economic Injury Disaster Loans (EIDL). “The Se...
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The Securities and Exchange Commission (SEC) adopted two amendments designed to strengthen its whistleblower program. One of the amendments allows the SEC to pay whistleblowers for their informati...
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The Securities and Exchange Commission (SEC) has adopted rule amendments addressing executive pay versus performance disclosure. “The Commission has long recognized the value to investors of info...
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The U.S. Treasury Department and Israel's Ministry of Finance finalized an agreement to cooperate on cybersecurity. The bilateral Memorandum of Understanding (MOU) on Cybersecurity Cooperation bui...
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The Securities and Exchange Commission (SEC) released a draft strategic plan for fiscal years 2022 to 2026 for public comment on Wednesday. The draft strategic plan has three major goals: to prote...
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U.S. Sen. Ron Wyden (D-OR), chair of the Senate Finance Committee, released the findings of a year-long investigation into what he called the largest alleged individual tax evasion scheme in U.S. hist...
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The Federal Housing Finance Agency (FHFA) recently announced plans to establish a Federal Advisory Committee with a focus on affordable, equitable, and sustainable housing. “The formation of an a...
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The Department of Defense (DoD) recently issued a report detailing how financial institutions are serving military installations and examines the DoD’s policies to ensure access to financial service...
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A group of banking industry organizations is challenging the legal basis for the Consumer Financial Protection Bureau’s (CFPB) inquiry into banks' customer service practices. Further, the groups...
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A new report issued by the U.S. Congress Joint Economic Committee (JEC) found that roughly 20 percent of U.S. adults are either unbanked or underbanked, meaning they lack access to a bank account or r...
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