Senate Banking Committee Chair Sherrod Brown urged the CFPB to address the risks associated with artificial intelligence "voice cloning."
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SEC Commissioners Hester M. Peirce and Mark T. Uyeda criticized the SEC’s decision to join the Solicitor General's amicus brief in support of the petitioner in a case before the U.S. Supreme Court regarding whistleblower protections from employer retaliation.
FINRA proposed clarifying amendments and new definitions to its prior proposal to "treat a private residence at which an associated person engages in specified supervisory activities as a non-branch location."
The Basel Committee on Banking Supervision proposed amendments to its Core Principles for Effective Banking Supervision in response to recent global financial developments and emerging risks.
The SEC charged a company with disclosure violations and misrepresentations on SEC reporting forms related to a merger with a special purpose acquisition company. The misrepresentations concerned estimated warranty liability resulting from insufficient internal accounting controls.