The Financial Crimes Enforcement Network (FinCEN), state financial regulators and five federal financial regulatory agencies recently issued a statement to supervised institutions providing risk manag...
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The U.S. Department of the Treasury and the Internal Revenue Services issued final rules on the investment tax credit for clean energy project developers. The final rules pertain to the Section 48 ...
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Four bills that came from the House Financial Services Committee were passed by the U.S. House of Representatives this week. The four bills would cut red-tape preventing veterans from accessing ho...
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The federal bank regulatory agencies issued a notice seeking public comment on ways to reduce the regulatory burden. The Economic Growth and Regulatory Paperwork Reduction Act of 1996 requires the...
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The Internal Revenue Service (IRS) and the Security Summit partners, a public-private partnership protecting taxpayers and the tax system against identity theft refund fraud, recently issued a consume...
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The Securities and Exchange Commission settled charges against Houston-based Kiromic BioPharma, Inc., and two of its C-Suite executives for misleading investors about U.S. Food and Drug Administration...
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Sound Credit Union, based in Tacoma, Wash., recently finalized its acquisition of Washington Business Bank, based in Olympia. Through this transaction, Sound acquired all assets and assumed substa...
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Republicans on the House Financial Services Committee, led by U.S. Reps. French Hill (R-AR) and Andy Barr (R-KY), are urging the Federal Deposit Insurance Corporation (FDIC) to withdraw a proposal tha...
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The Consumer Financial Protection Bureau (CFPB) today proposed a rule to rein in data brokers that sell personal and financial information. The proposed rule would limit the sale of personal ident...
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U.S. Reps. Patrick McHenry (R-NC) and Maxine Waters (D-CA) introduced two measures that focus on artificial intelligence (AI) in the financial services and housing industries. McHenry, chair of th...
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