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Thursday, May 15th, 2025

Home » Regulation » Federal » Page 203

Federal

SIFMA supports SEC proposal on accelerating the settlement cycle

By Dave Kovaleski   |   April 19, 2022   |   Featured

The Securities Industry and Financial Markets Association (SIFMA) announced last week its support of the U.S. Securities and Exchange Commissionʻs proposal to shorten the securities transaction settl...

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Legislation introduced to prepare government for potential cannabis prohibition termination

By Douglas Clark   |   April 18, 2022   |   Cannabis Banking

U.S. Reps. Dave Joyce (R-OH), Hakeem Jeffries (D-NY), and Brian Mast (R-FL) recently introduced the Preparing Regulators Effectively for a Post-Prohibition Adult Use Regulated Environment (PREPARE) Ac...

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Rep. McCaul advocates cryptocurrency abuse prevention

By Douglas Clark   |   April 18, 2022   |   Digital Currency

U.S. Rep. Michael McCaul (R-TX) is encouraging the Biden administration to develop a strategy preventing potential cryptocurrency abuses as a means of evading U.S. sanctions. "Emerging technologie...

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Venture capital activity slows in first quarter after record breaking 2021

By Dave Kovaleski   |   April 18, 2022   |   Federal

After a record-breaking 2021, venture capital (VC) dealmaking activity slowed significantly in the first quarter of 2022, according to the Q1 2022 PitchBook-NVCA Venture Monitor. IPOs and exits of ...

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CUNA supports passage of SAFE Banking Act

By Dave Kovaleski   |   April 15, 2022   |   Cannabis Banking

The Credit Union National Association (CUNA) voiced its support for including the Secure and Fair Enforcement (SAFE) Banking Act in the final version of the America COMPETES Act. The SAFE Banking ...

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Sen. Toomey responds to SEC’s amendments to money fund rules

By Dave Kovaleski   |   April 14, 2022   |   Federal

U.S. Sen. Pat Toomey (R-PA) sent a letter to Securities and Exchange Commission (SEC) Chair Gary Gensler on the SEC’s proposed amendments to money market fund rules. On December 15, the SEC prop...

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Sen. Brown commends action addressing consumer medical debt

By Douglas Clark   |   April 14, 2022   |   Federal

U.S. Sen. Sherrod Brown (D-OH) is commending the Biden administration's recent decision to take action regarding addressing consumer medical debt. Last month, Brown advocated for the Biden administ...

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Industry trade groups respond to CFPB request for information on ‘junk fees’

By Dave Kovaleski   |   April 14, 2022   |   Featured

The National Association of Federally-Insured Credit Unions (NAFCU) was among several industry trade associations that offered feedback on the Consumer Financial Protection Bureaus (CFPB) request for ...

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State insurance commissioners adopt new standard for insurers to report climate risks

By Dave Kovaleski   |   April 13, 2022   |   Featured

A group of state insurance regulators adopted a new standard for insurance companies to report their climate-related risks, the National Association of Insurance Commissioners (NAIC) announced at its ...

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Rep. Mooney introduces bill to bring cost-benefit analysis to CFPB rules

By Dave Kovaleski   |   April 13, 2022   |   Federal

U.S. Rep. Alex Mooney (R-WV) Wednesday introduced a bill this week in the U.S. House of Representatives that would require the Consumer Financial Protection Bureau (CFPB) to employ a more rigorous cos...

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Cannabis Banking

  • New York State hits $1B in cannabis retail sales
  • AICPA makes recommendations to IRS on cannabis businesses in advance of marijuana reclassification
  • CTrust launches credit scoring platform for cannabis businesses
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  • Delaware to consider bill protecting financial businesses serving legal marijuana industry

Digital Currency

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  • Sen. Thune to expedite vote on GENIUS Act stablecoins bill
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