A coalition of industry associations commended the Federal Communications Commission ("FCC") for proposing to eliminate or revise its "revoke-all" rule, which requires businesses to stop all automated communications to a consumer if they reply "STOP" to any one message.
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Six financial trade associations urged Treasury Secretary Scott Bessent and Office of Management and Budget Director Russell Vought to sustain staffing and funding for the Community Development Financial Institutions Fund, a U.S. Treasury program that promotes access to capital in low- and moderate-income communities.
A firm settled FINRA charges for failing to establish a supervisory system reasonably designed to ensure compliance with Regulation Best Interest.
FINRA barred a broker for refusing to provide documents requested during an investigation into undisclosed outside investments and trading accounts.
The British American Finance Alliance — a coalition of leading U.S. and UK financial and professional services organizations — outlined a strategic agenda for deepening regulatory, trade, and technological cooperation between the United States and the United Kingdom.