Sen. Elizabeth Warren (D-MA) is urging the Securities and Exchange Commission (SEC) to investigate oil firms' use of environmental, social and governance (ESG) metrics. At issue, per Warren, is whe...
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The Securities and Exchange Commission (SEC) has charged broker-dealer J.P. Morgan Securities (JPMS) for widespread and longstanding failures to maintain and preserve written communications. JPMS,...
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The Financial Stability Oversight Council (FSOC) approved its 2021 annual report, which includes recommendations related to financial climate risk, cybersecurity, digital asserts, and LIBOR to promote...
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A group of U.S. senators recently urged Treasury Secretary Janet Yellen to work with Congress to ensure that the cryptocurrency provision in the Infrastructure Investment and Jobs Act is implemented i...
Read MoreAt a U.S. Senate Banking Committee hearing on stablecoins last week, Sen. Pat Toomey (R-PA), the ranking member, outlined a set of principles that should serve as the framework for future legislation....
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The Securities and Exchange Commission (SEC) has proposed amendments to its rules related to disclosure of share repurchases, also known as stock buybacks. The proposed rules would require an issue...
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A group of six U.S. senators recently urged federal regulators to strengthen oversight of “buy now, pay later” (BNPL) installment loan providers. BNPL products allow consumers to split the cos...
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U.S. Sen. John Kennedy (R-LA) is touting the potential benefits of a measure he introduced that focuses on aiding small business owners in gaining access to merger and acquisition (M&A) brokers. Ke...
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A new report from the Joint Economic Committee details how the monthly Child Tax Credit (CTC) payments have reduced childhood poverty and improved family finances in its first six months. The CTC p...
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Two U.S. senators have forwarded correspondence to a trio of government agencies, advocating for more resources for minority-owned financial institutions. Sens. Sherrod Brown (D-OH), chairman of th...
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