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Legal, Regulation & Compliance

07/02/2025

Trump's budget bill is closer to becoming law - here are the remaining sticking points

The lower chamber approved an earlier version of the bill in May with a margin of just one vote, and this bill must now be reconciled with the Senate version.

06/25/2025

Big US banks expected to ace stress tests, boost dividends

It is also used by banks to determine how much in dividends can be given to shareholders.

06/19/2025

Shares of Coinbase, Circle surge after stablecoin bill passes Senate

Stablecoins have become Coinbase’s biggest revenue driver after trading, with stablecoin-related income surging 50% year-over-year in the first quarter.

06/19/2025

Hedge fund traders caution against paternity leave after trader dismissed

Satha told the FT in 2022 that his long paternity leave was, "a welcome relief for many female traders who were anxious that having children would adversely impact their career."

06/18/2025

Central banks forecast more gold purchases, fewer US dollar reserves in years ahead

Respondents expect the share of other currencies, such as the euro and renminbi, will also increase over the same five-year period.

06/17/2025

US House bill puts policy pressure on renewables

The House-approved OBBB heightens scrutiny on foreign sourcing for entities seeking tax credits.

06/10/2025

State Regulators Claim Edward Jones, LPL, Others Overcharged Retail Customers

RBC, Stifel and TD Ameritrade were also among the settling firms.

06/09/2025

SEC Weighs Harmonizing RIA, B/D Mandatory Arbitration Rules

The commission’s Investor Advisory Committee recommended the SEC amend its advisor rules on mandatory arbitration clauses

06/02/2025

Regulators Prepare to Ease Post-Financial Crisis Banking Rules

As Politico noted, the efforts mark a major shift from last year, when regulators under President Joe Biden were advocating a plan that would require big banks to have even larger capital cushions, much to the industry’s dismay.

05/30/2025

RBC and CIBC ramp up provisions for loan losses amid higher risks stemming from trade and policy uncertainty

In the same quarter last year, RBC reserved $920-million in provisions.

05/28/2025

Why you shouldn’t focus on tariffs when expanding to the US

Businesses don’t expand to the US for the short term.

05/27/2025

Belgian data transfers to US ‘breach GDPR’

The transfers at issue were made under bilateral agreements between some EU states and the US that cover the US Foreign Account Tax Compliance Act (FATCA).

05/22/2025

Dozens of Houston-based wealth management employees to be laid off by NY-based firm

Atria Wealth Solutions plans to lay off more than 50 Houston employees.

05/19/2025

Bank of America ordered to pay $540 million in long-running lawsuit from the FDIC

Back in 2017, the FDIC accused Bank of America of refusing to pay over $500 million in assessments

05/01/2025

U.S. Bank Deregulation a Near-Term Neutral but Poses Longer Term Risks

Conversely, streamlining regulatory agencies or updated Basel III Endgame capital framework will require inter-agency cooperation, stakeholder buy-in and in some cases, legislation.

04/29/2025

Decision Notice - CIRO Sanctions Gary Edmond Perron and Cumberland Private Wealth Management Inc.

As part of the settlement, Gary Perron admitted to having failed to disclose and seek pre-approval for activities related to the transfer of shares

04/29/2025

Fed independence concerns ease

Fed independence concerns ease

04/28/2025

Wells Fargo Confirms Termination of 2018 CFPB Compliance Consent Order

Wells Fargo is a different and stronger company today

04/17/2025

UK’s FCA to open first ever offices in US and Australia

Major international investors ‘want easier access to us’

04/16/2025

LPL Expands Legal Battle Against Ameriprise In New Lawsuit

LPL claims Ameriprise “has sunk to a new low” by sending out allegedly “misleading” notifications about a data breach.

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