On Monday, U.S. Sens. Todd Young (R-IN), Mark Warner (D-VA), John Thune (R-SD) and Catherine Cortez Masto (D-NV) introduced two pieces of legislation designed to protect American’s privacy and remov...
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The Financial Stability Oversight Council (FSOC) approved a new analytic framework for financial stability risks and updated guidance on its nonbank financial company determinations process. The ...
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The U.S. Commodity Futures Trading Commission (CFTC) issued a proposed rule this week that governs investments by futures commission merchants (FCMs) and derivatives clearing organizations. The new...
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Two leading organizations representing credit unions are merging to form a new association called America’s Credit Unions. America’s Credit Unions, which will officially launch on Jan. 1, 2024,...
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The Securities and Exchange Commission (SEC) adopted Regulation SE to create rules for the registration and regulation of security-based swap execution facilities (SBSEFs). The new regulatory fram...
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U.S. Sen. Tim Scott (R-SC) introduced a legislative proposal designed to open up capital markets and generate economic growth. The Empowering Main Street in America Act seeks to help entrepreneurs...
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The Internal Revenue Service (IRS) announced last week that it would extend some popular temporary flexibilities set to expire. The acceptance of digital signatures, the agency said, will be exten...
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The Treasury Department’s Federal Insurance Office (FIO) has begun the initial phases of the process of collecting data from insurers to assess climate-related financial risk to consumers. FIO’...
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On Wednesday, the Securities and Exchange Commission (SEC) announced it had charged crypto exchange company SafeMoon and its executive team with fraud for the unregistered sale of crypto asset securit...
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U.S. Sen. Thom Tillis R-NC) is among a group of lawmakers urging the Consumer Financial Protection Bureau (CFPB) and the Attorney General to reconsider their joint statement on lending discrimination ...
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