Legal & Regulation

Legal & Regulation
Majestic Home Loans With Permanent CFPB Ban After Years of Military Fraud 
February 27, 2023

The Consumer Financial Protection Bureau said Monday (Feb. 27) that it has permanently banned a California mortgage broker from the industry, citing years of abuse and fraudulent government representation to military families. Get the Full Story Complete the form to unlock this article and enjoy...

CFPB
Supreme Court to Decide CFPB’s Future and Funding
February 27, 2023

The ultimate fate of the Consumer Financial Protection Bureau rests in the hands of nine individuals. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

Legal & Regulation
TD Bank and HBSC Make ‘Monumental’ Settlement in $7B Ponzi Case
February 27, 2023

A group of banks have agreed to settle a lawsuit tied to a $7 billion Ponzi scheme. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

Bank Regulation
Goldman Sachs Reveals Multi-Agency Credit Card Probe
February 27, 2023

A federal investigation into Goldman Sachs’ credit card business has apparently expanded. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...

Legal & Regulation
House Bill Would Give Consumers More Control Over Financial Data
February 24, 2023

The House Financial Services Committee chairman, U.S. Rep. Patrick McHenry, has introduced a financial data privacy bill. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Legal & Regulation
New Criminal Charges Allege Bankman-Fried Used FTX Funds as Personal Piggy Bank
February 24, 2023

Sam Bankman-Fried’s associates have flipped on him, and now here comes the script. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Legal & Regulation
Two Candidates Reportedly Leading in Consideration for Fed Vice Chair
February 23, 2023

Two candidates are reportedly leading in consideration for vice chair of the Federal Reserve. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Legal & Regulation
Transactive Systems’ Growth Reportedly Slows Upon Bank of Lithuania Review
February 23, 2023

Transactive Systems’ growth has reportedly slowed after the Bank of Lithuania imposed limits on it. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Legal & Regulation
New Indictment Portrays Bankman-Fried’s ‘Savior’ Image as a Smokescreen
February 23, 2023

Federal prosecutors have indicted FTX founder Sam Bankman-Fried for a host of new crimes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...