The Commodity Futures Trading Commission filed a complaint against the former CEO of a bankrupt company for fraud and registration failures. The complaint, filed in the U.S. District Court for the ...
Read More
The Federal Deposit Insurance Corporation (FDIC) recently launched a national campaign to increase the public’s awareness of deposit insurance. The campaign, called “Know Your Risk. Protect You...
Read More
The Consumer Financial Protection Bureau (CFPB) issued an advisory opinion on a provision enacted by Congress that prohibits large banks and credit unions from charging excessive fees for basic inform...
Read More
The Insured Retirement Institute (IRI) is urging the U.S. Department of Labor (DOL) to focus on maximizing the adoption of electronic delivery for document sharing. In a comment letter to the DOL, ...
Read More
The Securities Industry and Financial Markets Association (SIFMA) and SIFMA Asset Management Group (AMG) are urging the Securities and Exchange Commission (SEC) not to move forward on a proposal relat...
Read More
The Securities and Exchange Commission (SEC) adopted rule amendments governing beneficial ownership reporting, requiring market participants to provide more timely information on their positions to me...
Read More
The National Association of Federally-insured Credit Unions is asked the U.S. Consumer Financial Protection Bureau to be more transparent about potential supervisory use of artificial intelligence (AI...
Read More
The Commodity Futures Trading Commission (CFTC) filed a civil complaint in the U.S. District Court for the Eastern District of New York against Technical Trading Team (TTT) and a few of its executives...
Read More
A group of seven leading financial groups voiced their collective opposition to a proposal that would impose an interest rate cap of 36 percent on consumer loans. The proposal, by Sen. Jack Reed (D...
Read More
In an effort to confront challenges faced by Iowa’s most vulnerable communities, Iowa Credit Union Foundation (ICUF) announced a new initiative to address barriers to financial well-being for minori...
Read More