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Home » Regulation » Page 278

Regulation

Republican lawmakers express concerns over liming access to investors

By Dave Kovaleski   |   September 9, 2022   |   Federal

Republican members of the House Financial Services Committee’s Investor Protection, Entrepreneurship, and Capital Markets Subcommittee are urging the Financial Industry Regulatory Authority (FINRA) ...

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Rep. Norton calls for establishment of inspector general to oversee the Thrift Savings Plan

By Dave Kovaleski   |   September 8, 2022   |   Federal

U.S. Rep. Eleanor Holmes Norton (D-DC) introduced legislation that would establish an inspector general for the Federal Retirement Thrift Investment Board (FRTIB). The FRTIB is the agency that mana...

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SEC details conflicts of interest order against New York-based investment adviser

By Douglas Clark   |   September 8, 2022   |   Federal

The Securities and Exchange Commission (SEC) has detailed charges against a New York-based investment adviser, alleging it failed to disclose personnel ownership conflicts of interest. According to...

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Rep. Emmer leads effort to have HUD provide mortgage assistance to acute care hospitals

By Dave Kovaleski   |   September 8, 2022   |   Featured

U.S. Rep. Tom Emmer (R-MN) is spearheading an effort to examine the Department of Housing and Urban Development’s (HUD) mortgage assistance to acute care hospitals. Currently, facilities that fo...

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Valley National Bank initiates Community Lending platform

By Douglas Clark   |   September 8, 2022   |   Industry

Valley National Bank officials said the financial institution has launched a Community Lending platform to streamline efforts to provide financial products, resources, and connections to women and min...

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SEC details excess management fees charge against two venture capital funds

By Douglas Clark   |   September 7, 2022   |   Federal

The U.S. Securities and Exchange Commission (SEC) has outlined charges against a California-headquartered exempt reporting adviser, maintaining the firm charged excess management fees from two venture...

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Sen. Warren encouraging release of student loan bankruptcy guidance

By Douglas Clark   |   September 7, 2022   |   Federal

U.S. Sen. Elizabeth Warren (D-MA) is encouraging the U.S. Department of Justice (DOJ) to issue and implement updated student debt bankruptcy guidance with no delay. Warren has forwarded corresponde...

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Community College of Denver offers three certificate programs in cannabis industry education

By Dave Kovaleski   |   September 7, 2022   |   Cannabis Banking

The Community College of Denver is working with education company Green Flower to provide students with career opportunities in the fast-growing cannabis industry. Through this partnership, the Co...

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More than 140 groups voice opposition to Credit Card Competition Act

By Dave Kovaleski   |   September 7, 2022   |   Featured

More than 140 organizations have recently voiced opposition to a bill introduced in the U.S. Senate that seeks to enhance competition in the credit card network market. The Credit Card Competition ...

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Survey examines business leaders profit growth expectations

By Douglas Clark   |   September 6, 2022   |   Industry

The latest Association of International Certified Professional Accountants (AICPA) and Chartered Institute of Management Accountants (CIMA) Economic Outlook Survey maintains business executives have l...

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Cannabis Banking

  • Bill to provide cannabis businesses with banking services introduced in House
  • Pennsylvania AG among coalition urging Congress to pass cannabis banking bill
  • 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

Digital Currency

  • House Ways and Means Committee advances bill to alter tax code for digital assets
  • Senate votes down CLARITY Act cryptocurrency bill
  • Enova withdraws bid to acquire digital bank Grasshopper
  • Brazil-based Nu launches banking, financial products in United States
  • U.S. Bank executed pilot transaction utilizing its USBDC stablecoin
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