U.S. Sens. Tim Scott (R-SC) and Jacky Rosen (D-NV) have introduced a bill they said eases the efforts of small businesses to offer worker retirement benefits via reduced administrative expenses. Th...
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The Securities and Exchange Commission (SEC) charged Sung Kook (Bill) Hwang, the owner of Archegos Capital Management, with orchestrating a fraudulent scheme that resulted in billions of dollars in lo...
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The Consumer Financial Protection Bureau (CFPB) is taking steps to examine nonbank financial companies that pose risks to consumers. To do this, the CFPB plans to use a largely unused legal provisi...
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The North American Securities Administrators Association (NASAA) and the Securities and Exchange Commission (SEC) are hosting a roundtable to discuss the latest challenges and issues that impact senio...
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A coalition of banking associations expressed concerns with a proposal by the Federal Reserve Board of Governors that would establish guidelines for how institutions applying for a Fed master account ...
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A group of senators, led by U.S. Sens. Sherrod Brown (D-OH), chair of the U.S. Senate Committee on Banking, Housing, and Urban Affairs, and Patty Murray (D-WA), chair of the U.S. Senate Health, Educat...
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U.S. Reps. James Comer (R-KY), Patrick McHenry (R-NC), and Blaine Luetkemeyer (R-MO) recently forwarded correspondence to Postmaster General Louis DeJoy, stating that the United States Postal Service ...
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U.S. Rep. Vern Buchanan (R-FL) introduced legislation in the House that would provide tax incentives to spur innovation for start-ups. Buchanan’s American Innovation Act (H.R. 7503) would raise t...
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U.S. Rep Ed Perlmutter (D-CO) sent a letter to his colleagues in the U.S. Senate, urging them to pass the SAFE Banking Act. The SAFE Banking Act, which Perlmutter sponsored, would allow legal, lice...
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The Securities and Exchange Commission (SEC) has charged 16 defendants for participating in fraudulent penny stock schemes that generated more than $194 million in illicit proceeds. The defendants ...
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