On Wednesday, the Securities and Exchange Commission announced it had frozen the assets of a Florida real estate broker as part of his part in a $93 million fraud scheme. The SEC charged Rishi Kap...
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The Securities Industry and Financial Markets Association (SIFMA), and the SIFMA Asset Management Group (AMG) voiced their concerns over the Department of Labor’s proposed rule regarding investment ...
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The Consumer Bankers Association (CBA) has weighed in on the Consumer Financial Protection Bureau's (CFPB) proposed rule on personal financial data. The rule would implement section 1033 of the Dod...
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The Independent Community Bankers of America (ICBA) is urging the Consumer Financial Protection Bureau (CFPB) to exempt certain community banks from proposed standards for sharing consumer financial d...
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The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) has started to accept beneficial ownership information reports, in accordance with the Corporate Transparency Act....
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According to the National Association of Federal Credit Unions (NAFCU), changes in the NCUA exams reflect reforms suggested by credit unions. The Economic & CU Monitor found that more credit union...
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One individual and three entities were designated by the Department of the Treasury’s Office of Foreign Assets Control (OFAC) as being responsible for facilitating the flow of Iranian financial assi...
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The U.S. District Court for the District of New Jersey issued a default order of final judgment against Illinois-based Valdas Dapkus on Nov. 28, according to the Commodity Futures Trading Commission (...
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Cannabis company Trulieve announced this week it had closed on $25 million in financing and would be opening two medical cannabis dispensaries in Florida. The company said it had closed on a comme...
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The National Association of Federally-Insured Credit Unions (NAFCU) reached out to the National Credit Union Administration (NCUA) on its proposed regulations governing share insurance coverage. In...
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