Senators Sherrod Brown (D-OH), Debbie Stabenow (D-MI) and John Boozman (R-AR) responded to the collapse of crypto exchange FTX by urging Congress to pass digital assets legislation.
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The CFPB warned that, under the Fair Credit Reporting Act, consumer reporting companies and the entities that furnish information to them cannot "impose obstacles that deter submission of disputes" and can be held liable for failing to investigate disputes.
A real estate firm settled SEC charges for failing to satisfy registration exemption requirements and selling interests in a real estate fund to unaccredited investors.
FINRA proposed extending temporary Supplementary Material .17 under FINRA Rule 3110 ("Supervision") to allow remote office inspections through calendar year 2023.
The New York Department of Financial Services issued a proposed second amendment to New York's Cybersecurity Regulation to account for new tools and technologies and provide additional clarity and guidance on NYDFS's risk-based approach to mitigating cybersecurity risks.