The Securities and Exchange Commission (SEC) adopted amendments last week that narrow the exemption from a law that requires broker-dealers to become a member of a national securities association. Sp...
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The Securities and Exchange Commission (SEC) adopted new rules and amendments to enhance the regulation of private fund advisers and update the existing compliance rule. The SEC said that these chang...
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The Consumer Financial Protection Bureau (CFPB) sued an installment lender based in Greenville, South Carolina, for illegal loan-churning practices that harvested hundreds of millions in loan costs an...
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The Federal Home Loan Bank of New York (FHLBNY) awarded nearly $42 million in subsidies to fund 42 affordable housing initiatives in several states. The awards, which went to initiatives in New Jerse...
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The Securities and Exchange Commission (SEC) filed charges against Titan Global Capital Management USA for using hypothetical performance metrics in misleading advertisements. Titan Global, a New Yor...
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The Financial Industry Regulatory Authority (FINRA) named Bill St. Louis as its new head of enforcement, effective immediately. In this new role, St. Louis will be responsible for the management of a...
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The Credit Union National Association (CUNA), along with Cornerstone League and Rally Credit Union, filed to join an injunction that seeks to stop implementation of the Consumer Financial Protection B...
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At its Summer National Meeting last week, the National Association of Insurance Commissioners (NAIC) adopted the Regulatory Guide to Understanding the Market for Cannabis Insurance: 2023 Update. The ...
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U.S. Sen. Bill Cassidy, M.D. (R-LA) is among a group of senators calling upon the U.S. Department of the Interior (DOI) to extend the public comment period for the Outer Continental Shelf (OCS) financ...
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The Consumer Financial Protection Bureau (CFPB) fined Freedom Mortgage last week for illegally providing incentives to real estate brokers and agents in exchange for mortgage loan referrals. The C...
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