The Treasury Department announced that it will not enforce penalties or impose fines for failure to comply with the Corporate Transparency Act's beneficial ownership information reporting rule.
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In an address before the Yale School of Management's Program on Financial Stability, Federal Reserve Board Governor Michael S. Barr highlighted best practices for crisis management in the financial sector.
In a petition to the US Supreme Court, a registered broker dealer argued that FINRA wields unconstitutional enforcement power, including the power to expel broker-dealers from the securities industry, without direct government oversight.
In a "Staff Statement on Meme Coins," the SEC Division of Corporate Finance said it would not regard transactions in "meme coins" as "involv[ing] the offer and sale[s] of securities under the federal securities laws."
The SEC entered into a joint stipulation with Coinbase, Inc., and Coinbase Global, Inc., to dismiss the civil enforcement action with prejudice against the two firms.