Four investment advisers settled charges for violating the SEC's "pay-to-play" rule by accepting compensation from "government entities" for advisory services during the rule's "time out" period after one or more covered associates of each adviser made campaign contributions.
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Acting Comptroller Michael J. Hsu warned that the digitalization of the banking industry poses significant challenges for community banks.
Over 70 Democratic congressional representatives urged banking regulators to finalize amendments to rules implementing the Community Reinvestment Act to "finally end the discriminatory practice of redlining."
New York Attorney General Leticia James urged any New York resident affected by the recent crash in the cryptocurrency market to file a complaint with the state's Office of the Attorney General.
The FDIC and the Federal Reserve Board issued a joint letter to a digital asset custodian stating that the firm has been making "false and misleading" statements that customers who have opened accounts benefit from FDIC insurance.