The impact of the bankruptcy of Synapse Financial Technologies Inc. on customers spurred a bipartisan contingent of U.S. senators to call on the company’s numerous partners to promptly make all froz...
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The Securities Industry and Financial Markets Association (SIFMA), the leading trade association for broker-dealers, investment banks and asset managers, and three other banking trade groups on Friday...
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The Securities and Exchange Commission on June 28 charged Consensys Software Inc., a blockchain software technology company, with failing to register as a broker of crypto asset securities through dig...
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The U.S. Treasury Department and the IRS have released final regulations on the bipartisan Infrastructure Investment and Jobs Act’s (IIJA) reporting requirements for brokers of digital assets. Th...
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Bipartisan legislation introduced by U.S. Rep. Randy Feenstra (R-IA) aims to help America’s small businesses offer paid family and medical leave (PFML) to their employees. “While larger corpora...
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On Thursday, the Securities and Exchange Commission’s Office of the Investor Advocate issued its Report to Congress on its objectives for Fiscal Year 2025. Among the coming year’s priorities, ...
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The biggest U.S. banks are favorably situated to manage a major recession and keep above minimum capital requirements, according to the results of the Federal Reserve Board’s annual bank stress test...
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On Wednesday, 25 state financial regulators ensured that $82 million in cryptocurrency assets would be returned to consumers after taking action against Abra Trading and others for operating a cryptoc...
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A group of U.S. Senate Banking Committee Republicans, led by U.S. Sen. Mike Rounds (R-SD), has urged the Securities and Exchange Commission (SEC) to withdraw its proposed rulemaking on volume-based tr...
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On Tuesday, the Consumer Financial Protection Bureau (CFPB) issued a ruling that would extend the compliance deadlines for the small business lending rule. In March 2023, the CFPB issued the small ...
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