The Securities and Exchange Commission (SEC) charged Sung Kook (Bill) Hwang, the owner of Archegos Capital Management, with orchestrating a fraudulent scheme that resulted in billions of dollars in lo...
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The Consumer Financial Protection Bureau (CFPB) is taking steps to examine nonbank financial companies that pose risks to consumers. To do this, the CFPB plans to use a largely unused legal provisi...
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The North American Securities Administrators Association (NASAA) and the Securities and Exchange Commission (SEC) are hosting a roundtable to discuss the latest challenges and issues that impact senio...
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A coalition of banking associations expressed concerns with a proposal by the Federal Reserve Board of Governors that would establish guidelines for how institutions applying for a Fed master account ...
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Maine Gov. Janet Mills signed into law Friday a bill that would allow the state to reimburse municipalities for their expenses to permit adult-use marijuana businesses. The legislation, LD 1195, a...
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A group of senators, led by U.S. Sens. Sherrod Brown (D-OH), chair of the U.S. Senate Committee on Banking, Housing, and Urban Affairs, and Patty Murray (D-WA), chair of the U.S. Senate Health, Educat...
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The Consumer Financial Protection Bureau (CFPB) and New York Attorney General Letitia James have outlined a legal complaint against MoneyGram International, Inc. and MoneyGram Payment Systems, Inc. ...
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Cannabis company Acreage Holdings launched adult-use cannabis dispensaries in two New Jersey locations -- Egg Harbor Township and Williamstown. Acreage is among the inaugural group of cannabis ope...
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U.S. Reps. James Comer (R-KY), Patrick McHenry (R-NC), and Blaine Luetkemeyer (R-MO) recently forwarded correspondence to Postmaster General Louis DeJoy, stating that the United States Postal Service ...
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New York City Mayor Eric Adams has proposed a $4.8 million investment in the Fiscal Year 2023 (FY23) budget to promote the growth of the cannabis industry in the city. The funding will be used to f...
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