A state chartered bank that provides digital asset services and a tokenized instant payments platform settled Federal Reserve Board charges for anti-money laundering compliance deficiencies.
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FINRA issued an extensive set of new and revised interpretations, as well as cancelled or replaced interpretations, to its rule on margin requirements.
The US District Court for the Southern District of New York ordered cryptocurrency firm Ripple Labs to pay a civil penalty of $125 million for selling unregistered securities to institutional investors.
The CFPB reported that credit card delinquencies have surged since 2021. The agency attributed the rise to lenders taking on more risk during and after the pandemic.
In separate consumer advisories, the CFPB, FTC and Treasury warned of "unfair and deceptive consumer acts and practices in the residential solar power sector."