Annual SEC report to Congress details increased efforts in fraud surveillance and prevention
The report cited FTC figures detailing a 21% increase from 2022 to 2023 in consumer investment scams and losses of ...
Tag: SEC
SEC’s Uyeda suggests agency withdraw staff bulletin on crypto assets
The Securities and Exchange Commission should withdraw a staff accounting bulletin that changed how banks and other publicly traded entities ...
Trump nominates Atkins as SEC chair
President-elect Trump nominated Paul Atkins as Securities and Exchange Commission chairman. If confirmed by the Senate, he will succeed outgoing ...
Gensler to exit SEC on Jan. 20
The Securities and Exchange Commission announced that Chairman Gary Gensler will step down from the commission on Jan. 20, 2025.
Rep. Torres weighs in on debit card interchange, trigger leads
Rep. Ritchie Torres (D-N.Y.) reiterated his concern that a Fed proposal to lower the legal limit on debit card interchange ...
ABA: Agencies failed to appreciate potential effects of financial data standards rule
A proposed rule to establish uniform financial data standards across regulatory agencies should either be revised to comply with federal ...
Republican lawmakers urge SEC to rescind crypto accounting restrictions on banks
More than 40 House and Senate Republicans urged SEC Chair Gary Gensler to rescind a staff accounting bulletin that changed ...
SEC official outlines possible exception for crypto accounting restrictions on banks
An SEC official outlined a scenario in which a bank would not be bound by the restrictions of the SEC’s ...
ABA: Financial regulators acted outside legal bounds in proposing financial data standards
A proposed rule to establish uniform financial data standards across regulatory agencies is flawed because it failed to consider using ...
ABA, associations: Uphold congressional vote to overturn SEC treatment of crypto custody assets
ABA and three financial sector associations expressed support for a House attempt to overturn President Biden’s veto of a resolution ...
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