A group of banking and financial services organizations have taken issue with a rule proposed by the Securities and Exchange Commission (SEC) that would expand the reach of the custody rule. The pr...
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A group of Michigan lawmakers recently expressed opposition to the U.S. Department of Homeland Security's (DHS) proposed fee increases for small business employers, maintaining it negatively impacts v...
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The Securities and Exchange Commission (SEC) has charged Pinnacle Advisors for aiding and abetting liquidity rule violations by a mutual fund it advised and whose liquidity risk management program the...
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The Securities and Exchange Commission (SEC) has outlined the awarding of its largest whistleblower allotment totaling nearly $279 million. The individual provided information and assistance result...
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U.S. Sens. Mike Rounds (R-SD) and Tina Smith (D-MN) introduced bipartisan legislation last week to improve rural housing programs and increase the accessibility of affordable housing. Their bill, ...
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U.S. Sen. Sherrod Brown (D-OH) has forwarded correspondence to six large banks offering voice authentication services, noting concerns about the potential for fraud from artificial intelligence (AI) g...
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Findings from a recently published Consumer Financial Protection Bureau (CFPB) report maintain specialty products that include medical credit cards are typically more expensive for patients than other...
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A group of Congressional lawmakers are calling on the Federal Reserve to pause interest rate hikes. Last week, the Federal Reserve voted to raise interest rates by 25 basis points, the 10th straigh...
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U.S. Sens. Tim Scott (R-SC) and Brian Schatz (D-HI) introduced legislation this week that seeks to protect those living in flood-prone communities. The Repeatedly Flooded Communities Preparation A...
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The Securities and Exchange Commission (SEC) adopted amendments that are designed to enhance the ability of the Financial Stability Oversight Council (FSOC) to assess systemic risk and bolster its ove...
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