Independent Community Bankers of America (ICBA) officials are espousing the benefits of the recent BankTech Ventures Fund closing. BankTech Ventures raised over $115 million in committed capital in...
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The Federal Reserve Board has detailed final guidelines establishing transparency and factors for Reserve Banks in reviewing Federal Reserve accounts and payment services access requests. "The new ...
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(Updates with statement from Lombard) Senate Finance Committee Chair Ron Wyden (D-OR) launched Monday an investigation into the use of private placement life insurance by the wealthy to avoid and e...
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The Commodity Futures Trading Commission (CFTC) recently issued a final rule modifying its interest rate swap clearing requirement regarding London Interbank Offered Rate (LIBOR). The action, issue...
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The Federal Trade Commission (FTC) is initiating an effort to garner public comment regarding commercial data collection and use as a means of determining potential new regulations. “Firms now co...
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Senate Finance Chair Ron Wyden (D-OR) recently joined 13 colleagues in detailing the Taxing Big Oil Profiteers Act, which seeks to address oil company profiteering. “Our broken tax code is workin...
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A group of lawmakers recently forwarded correspondence to the Securities and Exchange Commission (SEC), supporting a proposed SEC rule regarding 10b5-1 plans addressing corporate executives’ safe ha...
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U.S. Sens. Elizabeth Warren (D-MA) and Ben Ray Luján (D-NM) recently forwarded correspondence to U.S. Department of Justice (DOJ) personnel, encouraging the agency to use authority to ban corporation...
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The Consumer Financial Protection Bureau (CFPB) recently confirmed in a circular that financial companies might violate federal consumer financial protection law when failing to safeguard consumer dat...
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U.S. Sens. Elizabeth Warren (D-MA), Dick Durbin (D-IL), Sheldon Whitehouse (D-RI), and Bernie Sanders (I-VT) recently forwarded correspondence to the Office of the Comptroller of the Currency Acting C...
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