The Digital Chamber, a blockchain and digital asset trade association, asked Senate Banking Committee leaders to advance a bill that would increase the dollar thresholds for anti-money laundering reporting.
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The American Bankers Association urged federal banking regulators to use a required "decennial review" as an opportunity to provide meaningful regulatory relief and eliminate rules that hinder banks’ ability to serve their customers.
FINRA fined a firm for failing to disclose required mark-up and mark-down information on retail customer confirmations for corporate debt securities transactions.
Treasury Secretary Scott Bessent defended the Department’s actions regarding its plans to provide billions of dollars in private-sector investment to Argentina.
A firm settled FINRA charges for supervisory failings regarding Customer Relationship Summary forms, outside business activities, email oversight, and customer documentation.