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CFPB’s latest existential threat: Legal challenges to its funding
National Mortgage News 05/22/2022
The Consumer Financial Protection Bureau again faces an existential threat in the courts — this time over whether the agency’s funding by the Federal Reserve System is constitutional…
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House committee advances legislation expanding financial services access
Financial Regulation News 05/20/2022
House of Representatives Financial Services Committee advanced eight bills, including legislation seeking to expand financial services access…
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TechREG Weekly EMEA: Top Officials Call for Crypto Regulation; EU, UK Regulators Focus on Consumer Credit Rules, Fraud Prevention Tools
Pymnts 05/20/2022
This week, policymakers and regulators in Europe have continued issuing warnings about cryptocurrencies as “highly speculative assets” and renewed calls for “consistent and comprehensive” crypto regulation…
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Disclosures Pertaining to Russia’s Invasion of Ukraine
Harvard 05/22/2022
Russia’s invasion of Ukraine has had and may continue to have far-reaching impacts on the businesses of SEC-reporting companies. Companies impacted include those which: (i) have assets, operations or human capital resources located in Russia…
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United States: FINRA 2022 Exam Report Spotlight: Communications With The Public
Mondaq 05/23/2022
It came as no surprise that FINRA’s 2022 Examination and Risk Monitoring Program Report highlighted communications with the public as a continued area of focus. The primary theme across this focus area relates to the sufficiency of internal processes…
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