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SEC Chair Reiterates New Potential Cyber Regulations at Financial Sector Meeting
National Law Review 04/25/2022
Earlier this month, U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler again described new cybersecurity regulations SEC staff are considering, this time in a speech before government organizations tasked with improving the security…
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Digital Asset Federal Legislation and Regulatory Developments: Wrap Up of First Quarter 2022
Troutman 04/18/2022
Several recent releases of draft legislation, reports, and speeches highlight the federal government’s efforts in the first quarter of 2022 to address the rapidly developing digital asset marketplace and its regulatory landscape…
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Beneficial ownership regulatory relief is far from assured
American Banker 04/24/2022
The Corporate Transparency Act was supposed to make banks’ anti-money-laundering compliance burdens lighter, but more than a year since the landmark law’s passage, experts say that outcome is far from assured…
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How CFPB Is Reshaping Banks’ Growth Strategy
The Financial Brand 04/24/2022
Concerns over discriminatory marketing and design of all banking products — not just credit — led the Consumer Financial Protection Bureau to do an end run around the usual procedure for detecting unfair, deceptive and abusive practices…
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The SEC’s Proposed Rules for P4P Disclosures
Harvard 04/25/2022
In 2010, the U.S. Congress passed the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank”). One of the important provisions of the Dodd-Frank legislation was the requirement that companies registered with the Securities…
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