The House Financial Services Committee advanced legislation this week seeking to strengthen cybersecurity efforts of the financial services industry. The Strengthening Cybersecurity for the Financ...
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The Securities and Exchange Commission (SEC) charged Allianz Global Investors U.S. (AGI US) and three former senior portfolio managers with a fraudulent options trading scheme. The SEC said the com...
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The Federal Deposit Insurance Corporation (FDIC) recently approved a final rule regarding statutory authority prohibiting misrepresentations about FDIC deposit insurance or misusing the FDIC’s name ...
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A group of U.S. senators recently urged the appropriations committee to allocate the maximum possible funding for the federal Financial Crimes Enforcement Network (FinCEN) to support anti-money launde...
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A bipartisan group of U.S. senators plans to release a long-sought framework for regulating the volatile cryptocurrency market next week amid signs of market chaos. The group will release the draft...
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U.S. Rep. Jim Costa (D-CA) said California received 520,000 new business applications last year, with 219,000 businesses possessing the potential to hire new employees. Costa indicated the numbers ...
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A recently released Consumer Financial Protection Bureau (CFPB) report examining mortgage servicing amid the COVID-19 pandemic maintains homeowners continually face risks and challenges affiliated w...
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U.S. Rep. Earl Blumenauer (D-CO) is urging the Department of Transportation to reform and modernize cannabis testing requirements for commercial truck drivers. Blumenauer, co-chair of the Congress...
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Department of Justice officials detailed a complaint against Eddy Alexandre, outlining one count of commodities fraud as leader of purported cryptocurrency and forex trading platform EminiFX. “Ed...
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Leaders of the U.S. Congress Joint Economic Committee (JEC) released an analysis of the barriers facing Native American communities and how they hinder economic opportunity. The report -- released ...
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