Global financial services firm Cantor Fitzgerald, L.P. has been charged with making misleading statement to investors, according to the Securities and Exchange Commission. The SEC alleges the comp...
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The Mortgage Bankers Association (MBA) recently announced a proposal to develop a Ginnie Mae securitization to attract more private capital sources of liquidity in the event of a severe economic downt...
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Shareholders for WesBanco and Premier Financial overwhelmingly approved the previously announced merger of the two banks. The merger involves WesBanco, based in West Virginia, acquiring Premier, ba...
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The Consumer Bankers Association (CBA) is among a group of entities taking legal action against the Consumer Financial Protection Bureau's (CFPB) final rule on overdraft services. The American Ban...
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U.S. Sens. Ron Wyden (D-OR) and Elizabeth Warren (D-MA) are seeking information from TD Bank Group about a criminal conspiracy involving a fentanyl money laundering scheme. The criminal conspiracy ...
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The Securities and Exchange Commission (SEC) recently filed a complaint in the U.S. District Court for the Eastern District of New York against Ken Peterman, Comtech Telecommunications Corp.’s forme...
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The Consumer Financial Protection Bureau (CFPB) adopted a final rule that closes an outdated overdraft loophole that exempted overdraft loans from lending laws. The reforms, which apply to banks a...
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U.S. Rep. Blake Moore (R-UT) announced his bill to require the Congressional Budget Office to produce more economic data passed in the House Wednesday. The bill, Increasing Baseline Updates, would...
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The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned a Chinese cybersecurity company and one of its employees in relation to an April 2020 firewall incident. ...
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The Commodity Futures Trading Commission (CFTC) filed a civil enforcement action against Solanofi entities for engaging in a digital assets multilevel marketing scheme worth at least $5.9 million. The...
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