Several trade associations, along with the Managed Funds Association (MFA) have asked the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) to extend a repor...
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The Securities and Exchange Commission (SEC) Director of the Division of Corporation Finance Erik Gerding is leaving the agency, effective Dec. 31. “I want to thank Erik for his leadership of the...
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Global financial services firm Cantor Fitzgerald, L.P. has been charged with making misleading statement to investors, according to the Securities and Exchange Commission. The SEC alleges the comp...
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The Mortgage Bankers Association (MBA) recently announced a proposal to develop a Ginnie Mae securitization to attract more private capital sources of liquidity in the event of a severe economic downt...
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The Consumer Bankers Association (CBA) is among a group of entities taking legal action against the Consumer Financial Protection Bureau's (CFPB) final rule on overdraft services. The American Ban...
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U.S. Sens. Ron Wyden (D-OR) and Elizabeth Warren (D-MA) are seeking information from TD Bank Group about a criminal conspiracy involving a fentanyl money laundering scheme. The criminal conspiracy ...
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The Securities and Exchange Commission (SEC) recently filed a complaint in the U.S. District Court for the Eastern District of New York against Ken Peterman, Comtech Telecommunications Corp.’s forme...
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The Consumer Financial Protection Bureau (CFPB) adopted a final rule that closes an outdated overdraft loophole that exempted overdraft loans from lending laws. The reforms, which apply to banks a...
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U.S. Rep. Blake Moore (R-UT) announced his bill to require the Congressional Budget Office to produce more economic data passed in the House Wednesday. The bill, Increasing Baseline Updates, would...
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The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned a Chinese cybersecurity company and one of its employees in relation to an April 2020 firewall incident. ...
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