The federal Commodities Figure Trading Commission (CFTC) filed civil charges against an Ohio man and his three companies, alleging he perpetuated a digital asset trading scam much like a “Ponzi scheme” that bilked would-be investors of at least $12 million. In addition to bringing charges...
As nonessential retail continues to struggle, the federal funding picture remains cloudy. Companies that could apply for loans or relief from the series of provisions in last week’s COVID-19 relief package are awaiting final guidelines, due by the end of this week. In the meantime,...
An increased number of banks are swapping their own regulators for oversight by the Office of the Comptroller of the Currency (OCC), The Wall Street Journal reported on Tuesday (Sept. 17). U.S. financial institutions can choose either state or federal oversight, although it is more...
Uber, the ride-hailing app that has been under fire for covering up a data breach for a year — and paying hackers $100,000 to keep quiet — is the subject of a criminal investigation by federal investigators. According to a report in The New York...
August 02, 2024
Nine federal financial regulatory agencies have proposed or will propose joint data standards that would apply to data submitted to the agencies. As required by the Financial Data Transparency Act of 2022, the data standards for identifiers of legal entities and other common identifiers are meant to promote the interoperability of financial regulatory data across […]
August 12, 2022
The federal Commodities Figure Trading Commission (CFTC) filed civil charges against an Ohio man and his three companies, alleging he perpetuated a digital asset trading scam much like a “Ponzi...
September 17, 2019
An increased number of banks are swapping their own regulators for oversight by the Office of the Comptroller of the Currency (OCC), The Wall Street Journal reported on Tuesday (Sept....
October 20, 2014
The U.S. government will replace roughly 9 million government-issued payment cards with EMV chip-and-PIN versions early next year in a push to increase awareness and use of the more secure...
