The Securities and Exchange Commission (SEC) penalized Morgan Stanley Smith Barney LLC (MSSB) for failing to adequately supervise four investment advisers who alleged stole client assets. The SEC c...
Read More
Intercontinental Exchange, a designer, builder and operator of digital networks, recently added Japanese Power Futures to its global energy offerings. “By offering Japanese Power Futures on a sin...
Read More
The Consumer Financial Protection Bureau (CFPB) recently published an order that establishes supervisory authority over Google Payment Corp. Google Payment Corp. is subject to CFPB’s enforcement ...
Read More
U.S. Sens. Elizabeth Warren (D-MA) and Michael Bennet (D-CO) joined U.S. Reps. Ro Khanna (D-CA) and Pramila Jayapal (D-WA) to reintroduce legislation to provide policymakers with data on the real-worl...
Read More
The Republican members of the Senate Banking Committee are raising concerns about the delayed implementation and enforcement of sanctions on Iran’s oil sector. The Republicans on the committee, l...
Read More
The Financial Stability Oversight Council approved its 2024 annual report, which reviews developments in financial markets, identifies vulnerabilities and emerging threats to financial stability, and ...
Read More
Bipartisan legislation recently introduced in the U.S. House of Representatives would expand financial opportunities and strengthen workplace opportunities for Americans with disabilities. The ABLE...
Read More
Though a federal court previously issued a preliminary injunction against the beneficial ownership information (BOI) reporting requirements issued in January, a newly proposed bill in Congress would p...
Read More
The International Association of Insurance Supervisors (IAIS) adopted the global Insurance Capital Standard (ICS) at its annual meeting last week. This marks a major advancement in insurance super...
Read More
The Consumer Financial Protection Bureau (CFPB) is distributing $1.8 billion to 4.3 million consumers that were illegally charged by credit repair companies. The consumers were charged illegal adva...
Read More