The Consumer Financial Protection Bureau (CFPB) fined Navy Federal Credit Union $95 million for allegedly charging illegal overdraft fees. The CFPB said that from 2017 to 2022, Navy Federal charge...
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Invesco Advisers has agreed to pay a $17.5 million civil penalty after the Securities and Exchange Commission (SEC) charged it with making misleading statements about integrating ESG in investment dec...
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The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) said it is expanding sanctions against Republika Srpska after the corrupt patronage network evaded sanctions to accumula...
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Over the past 12 months, 22 percent of credit card customers and 29 percent of bank customers experienced an instance of fraudulent activity on their accounts, according to the J.D. Power U.S. Financi...
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The North American Securities Administrators Association (NASAA), an international organization devoted to investor protection, seeks public comments on proposed revisions to its broker-dealer conduct...
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The Public Company Accounting Oversight Board (PCAOB) published a supplement that provides audit firms with additional guidance regarding remediation. The supplement to its Staff Guidance Concernin...
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U.S. Rep. Roger Williams (R-TX), chair of the House Committee on Small Business, said his committee’s year and a half long investigation into the U.S. Small Business Administration found the agency ...
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The U.S. Treasury Department added nearly 60 military installations across the country to the list of areas under the jurisdiction of the Committee on Foreign Investment in the United States (CFIUS). ...
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The Treasury Department’s Community Development Financial Institutions Fund and the Federal Housing Finance Agency (FHFA) have established a new working group. The CDFI Fund-FHFA Working Group wi...
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A group of Democratic lawmakers recently expressed concerns that Medicare Advantage (MA) is failing to meet its standards. Medicare Advantage is an optional, private insurance alternative to tradit...
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