Two appointed to SEC posts
The U.S. Securities and Exchange Commission (SEC) recently announced that Haoxiang Zhu has been appointed as the agency's Division of Trading and Markets Director post. Additionally, David Saltiel ...
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Joint Economic Committee releases third quarter Worker’s Economy Report
U.S. Reps. Marie Newman (D-IL) and Don Beyer (D-VA), chair of the Joint Economic Committee, released the Worker’s Economy Report for the third quarter, which details economic growth over the past th...
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SIFMA completes Quantum Dawn VI cybersecurity exercise
SIFMA, a trade association for broker-dealers, investment banks, and asset managers, completed its global, industrywide Quantum Dawn VI cybersecurity exercise on Nov. 18. The goal of the Quantum Da...
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Federal Reserve details cyber incident reporting rule finalization
The Federal Reserve Board said federal bank regulatory agencies have approved a final rule that seeks to improve information sharing regarding banking system cyber incidents. Final rule compliance...
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Bill introduced in House that addresses digital asset reporting in infrastructure bill
A bipartisan bill introduced in the U.S. House of Representatives addresses the digital asset reporting provisions in the Infrastructure Investment and Jobs Act to provide more clarity to technology i...
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Proposed SEC rules change addresses securities lending transparency
The U.S. Securities and Exchange Commission (SEC) has published a proposed rule requiring securities lenders to provide material terms of transactions to a registered national securities association. ...
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NAIC report examines climate-related risk management
A recently released National Association of Insurance Commissioners (NAIC) report details state insurance regulators' efforts to manage climate-related risks while also promoting resiliency. The r...
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JEC hearing examines digital assets, government’s role
The Joint Economic Committee (JEC) recently hosted a hearing focused on digital assets and the government's role in regulation and policy. The hearing, “Demystifying Crypto: Digital Assets and th...
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Reps. Hill, Luetkemeyer urge SBA to stop direct lending efforts
U.S. Reps. French Hill (R-AR) and Blaine Luetkemeyer (R-MO) urged the Small Business Administration to stop its direct lending efforts in a letter Wednesday. Hill, the ranking member of the Subcom...
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Republican senators denounce USPS pilot program to expand into banking
U.S. Sen. John Boozman (R-AR) is among a group of Senators that have expressed concern about a pilot program from the U.S. Postal Service (USPS) to implement banking services, including check-cashing....
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