The Conference of State Bank Supervisors ("CSBS") and the National Association of State Credit Union Supervisors ("NASCUS", and together with CSBS, the "Associations") called on federal banking regulators to strengthen defenses against payments fraud.
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FINRA suspended a broker for making false statements to her firm and failing to obtain approval before opening an outside brokerage account.
In a letter to SEC Chair Paul Atkins, three financial trade associations urged the SEC to preserve strong investor protections as it considers changes to the regulatory framework for the custody of crypto assets.
The Bank Policy Institute urged the FDIC to address risks from industrial loan companies by pausing new applications and strengthening oversight of their parent firms.
In remarks at the Better Markets Academic Advisory Board Annual Conference, SEC Commissioner Caroline A. Crenshaw cautioned against efforts to expand retail investor access to private markets.