CFPB to crack down on data brokers, Chopra says at White House event
WASHINGTON — The White House on Tuesday held a roundtable examining potentially harmful data broker practices, part of an administration…
Some crypto assets are securities, Manhattan judge says, complicating Coinbase and Ripple cases
A Manhattan federal judge said in an opinion that cryptocurrencies are considered securities regardless of how they are sold. It allows…
SEC sues entrepreneur, alleging $1 billion in unregistered crypto sales and multimillion-dollar fraud
The Securities and Exchange Commission on Monday filed charges against a U.S. citizen it alleged raised more than $1 billion…
The SEC wants corporate America to tell investors more about cybersecurity breaches and what’s being done to fight them
The Securities and Exchange Commission wants corporate America to tell investors more about cybersecurity breaches and what’s being done to…
Bank of America fined $150 million for consumer abuses including fake accounts, bogus fees
Bank of America, the second-largest U.S. bank by assets, engaged in deceptive practices that hurt hundreds of thousands of its…
SEC fines JPMorgan subsidiary for deleting 47 million emails, some related to subpoenas
The Securities and Exchange Commission fined the broker-dealer subsidiary of JPMorgan Chase $4 million for accidentally deleting about 47 million…
Crypto bill from Republicans lays out clear roles for SEC and CFTC
Republican lawmakers released a draft bill on Friday that would provide crypto assets and exchanges a clearer regulatory plan, allowing…
Money stored in payment apps such as Venmo may be more vulnerable than bank deposits, CFPB says
WASHINGTON — Money held in nonbank, peer-to-peer payment apps is not guaranteed for federal deposit insurance protection, which makes the…
FTC’s Lina Khan presses ahead with sprawling antitrust plans in the face of GOP opposition
Republican lawmakers have for years launched barrages of criticism at Biden administration regulatory agencies and their diverse leaders — and…
Lawmakers praise First Republic sale, but efforts to pass new bank rules are fizzling
WASHINGTON — Lawmakers who sit atop key banking committees praised the federal takeover of First Republic Bank on Monday, and…
