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Thursday, May 15th, 2025

Home » Regulation » Page 239

Regulation

California grant funds target cannabis industry equity

By Douglas Clark   |   February 15, 2022   |   Cannabis Banking

California state officials said the Office of Business and Economic Development (GO-Biz) has earmarked $35 million in grant funding as a means of spurring cannabis industry equity initiatives. The ...

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Federal Reserve releases scenarios for 2022 bank stress tests

By Dave Kovaleski   |   February 14, 2022   |   Federal

The Federal Reserve Board released the hypothetical scenarios for its annual bank stress tests last week. These tests help ensure that large banks can lend to households and businesses even in a se...

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SEC proposes new rules for investment advisors on cybersecurity risk management

By Dave Kovaleski   |   February 14, 2022   |   Featured

The U.S. Securities and Exchange Commission (SEC) has proposed new rules related to registered investment advisers and business development companies on cybersecurity risk management. The proposed...

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MCBA initiates cannabis equity report, research map

By Douglas Clark   |   February 14, 2022   |   Cannabis Banking

Minority Cannabis Business Association (MCBA) officials said the organization has partnered with The Arcview Group, Weedmaps, and Parallel to initiate a cannabis equity report and digital research map...

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JEC hearing examines labor market, empowering older workers

By Douglas Clark   |   February 14, 2022   |   Federal

A recently convened Joint Economic Committee (JEC) Democrats hearing explored efforts to enhance the labor market and empower older workers. JEC Chairman Don Beyer (D-VA) presided over the session ...

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Lawmakers urge TVA not to cut services to cannabis businesses in Mississippi

By Dave Kovaleski   |   February 11, 2022   |   Cannabis Banking

U.S. Reps. Earl Blumenauer (D-OR) and Steve Cohen (D-TN) are urging the Tennessee Valley Authority (TVA) not to cut off its services to state-legal cannabis businesses in Mississippi. “We write t...

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SEC proposes securities risk, clearance settlement revisions

By Douglas Clark   |   February 11, 2022   |   Federal

The U.S. Securities and Exchange Commission (SEC) recently proposed rule changes as a means of reducing risks in the clearance and settlement of securities. “These proposed amendments to the secu...

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CUNA officials call for consumer protections on digital ledger technology

By Dave Kovaleski   |   February 11, 2022   |   Digital Currency

Credit Union National Administration (CUNA) officials sent a letter to the Senate Agriculture Committee this week, calling upon Congress to ensure that digital ledger technology comes with proper cons...

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Sen. Hagerty introduces bill to eliminate reporting requirement

By Dave Kovaleski   |   February 10, 2022   |   Federal

A bill recently introduced in the U.S. Senate would eliminate the tax code provision in the American Rescue Plan (ARP) that requires third-party payment platforms to report businesses’ gross transac...

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Sen. Toomey requests GAO review of Community Development Financial Institution funding initiatives

By Douglas Clark   |   February 10, 2022   |   Federal

Sen. Pat Toomey (R-PA) has requested the Government Accountability Office (GAO) examine Community Development Financial Institution (CDFI) funding initiatives. Officials indicated the request revol...

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Cannabis Banking

  • New York State hits $1B in cannabis retail sales
  • AICPA makes recommendations to IRS on cannabis businesses in advance of marijuana reclassification
  • CTrust launches credit scoring platform for cannabis businesses
  • Senators push for legal cannabis businesses to have SBA access
  • Delaware to consider bill protecting financial businesses serving legal marijuana industry

Digital Currency

  • House Republican leaders draft of bill to establish U.S. digital asset framework
  • Sen. Thune to expedite vote on GENIUS Act stablecoins bill
  • Federal Reserve Board withdraws crypto-asset bank guidance
  • PGI Global founder charged in crypto fraud scheme
  • SEC Crypto Task Force to hold crypto custody roundtable

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  • Forward Air board under fire from activist investor Ancora
  • Legislation would help small businesses bring new technologies to market
  • Bipartisan bill would help GSE’s develop low-income housing
  • Reps. Smucker, Davids introduce bill to reduce student loan burden
  • Credit Suisse hit with $510M fine for IRS violations
  • Trump signs into law resolution overturning overdraft cap rule

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