In a new report, the CFPB identified "Buy Now, Pay Later" credit program and product risks; CFPB Director Rohit Chopra directed staff to take additional action.
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The White House issued guidance outlining the government's regulatory approach to addressing the potential risks and benefits of cryptocurrencies and other digital assets, as well as the underlying technology.
In a blog post, SIFMA asserted that the SEC did not anticipate the negative impact that applying the SEA rule on quotations without specific information to fixed income securities would have on the market for securities that are sold in reliance on certain exemptions.
CFTC Commissioner Christy Goldsmith Romero called for regulators to stop routinely accepting "neither-admit-nor-deny" settlements and proposed a Heightened Enforcement Accountability and Transparency test that would require firms to admit wrongdoing as a condition of settlements.
The U.S. Senate Committee on Agriculture, Nutrition, & Forestry considered testimony from key regulators and market participants on the bipartisan Digital Commodities Consumer Protection Act of 2022.