The Consumer Financial Protection Bureau (CFPB) recently sued Bank of America, JPMorgan Chase, Wells Fargo and Early Warning Services, a financial technology and consumer reporting company co-owned by...
Read More
The Financial Industry Regulatory Authority (FINRA0 has ordered three financial firms to pay more than $8.2 million in restitution to customers. FINRA found that the three companies -- Edward Jones...
Read More
U.S. Sens. Sherrod Brown (D-OH) and Jack Reed (D-RI) raised concerns with the Federal Reserve about the growing risks posed by the private credit market. In a letter to Federal Reserve Chair Jerom...
Read More
Amendments to the Customer Protection Rule would require certain broker-dealers to increase the number of times broker-dealers compute the net cash they owe, officials with the Securities and Exchange...
Read More
Companies across America would have the ability to contribute to the Health Savings Accounts (HSAs) of independent contractors without making them full-time employees under legislation being drafted b...
Read More
North Dakota Department of Financial Institutions Commissioner Lise Kruse was appointed by the Conference of State Bank Supervisors to serve on the Financial Stability Oversight Council (FSOC). Kru...
Read More
A bipartisan bill introduced on Dec. 19 in Washington, D.C., aims to streamline processes, reduce cost-burdens for rural homeowners and small developers, and provide affordable housing incentives in A...
Read More
The U.S. Department of the Treasury released a report that offers recommendations based on the feedback from a request for information (RFI) on the Uses, Opportunities, and Risks of Artificial Intelli...
Read More
U.S. Sens. Ron Wyden (D-OR), Jon Ossoff (D-GA), and Raphael Warnock (D-GA) are urging the Government Accountability Office (GAO) to investigate the costs of implementing the Georgia Pathways to Covera...
Read More
The Securities and Exchange Commission approved the Public Company Accounting Oversight Board’s nearly $400 million 2025 budget this week, as well as its related annual accounting support fee. ...
Read More