The Filing Cabinet

A group of Senate Democrats is urging leading technology companies to ensure that the publication of 3-D gun printing materials, which violate their terms of service, is not allowed on their platforms.

Sen. Elizabeth Warren (D-Mass.) has introduced a controversial legislative proposal that requires American corporations with more than $1 billion in annual revenue to obtain a federal charter from a newly formed Office of United States Corporations at the Department of Commerce.

All 49 Democrats on the U.S. Senate have writtten to CFPB Director Mick Mulvaney, urging him to forgo reported plans to end examinations for Military Lending Act compliance.

Compliance Week is conducting a short survey of GRC professionals to find out the challenges you face in selecting the right technology solution for your organization. If you participate, we will send you at no cost our “Practical Guide to Compliance Technology” special report.

The recently filed Stop Overdraft Profiteering Act of 2018 would ban overdraft fees on debit card transactions and ATM withdrawals and limit fees placed for checks and recurring payments.

The CFPB will amend the Gramm-Leach-Bliley Act to allow banks that meet certain requirements to be exempt from sending annual privacy notices to their customers.

In response to yet another member of Congress charged with insider trading, Reps. Tom Reed and Kathleen Rice will introduce a House resolution to prohibit fellow legislators from serving on corporate boards.

The Conference of State Bank Supervisors has announced that all U.S. states can now use a single, common exam to assess mortgage loan originators.

A bipartisan group of 24 attorneys general is urging Congress to advance legislation improving the transparency of shell corporations by requiring them to disclose who controls and profits from their activities.

The CFPB, working with foreign financial regulators, has announced an initiative to create the Global Financial Innovation Network, intended to provide a more efficient way for innovative firms to interact with regulators.

Crowdfunding evangelists are asking the SEC to consider raising the investment cap under Regulation Crowdfunding from $1 million to $20 million.

The Securities and Exchange Commission will host a roundtable later this year to hear from investors, issuers, and other market participants about whether its proxy rules should be refined.

To “better protect personally identifiable information or data that could be re-identified with a particular individual” OSHA has announced plans to rescind provisions of the Obama administration’s “Improve Tracking Workplace Injuries and Illnesses” rule.

The U.S. government has issued an advisory highlighting the sanctions evasion tactics used by North Korea that could expose companies—including manufacturers, buyers, and service providers—to compliance risks under U.S. or United Nations sanctions authorities.

The SEC has proposed rule amendments to simplify and streamline the financial disclosure requirements applicable to registered debt offerings.

For the second time, the SEC has rejected a plan to issue and trade shares of a bitcoin ETF. Commissioner Hester Peirce is openly critical of that decision.

The Federal Reserve Board has launched a new publication intended to provide bankers with high-level summaries of pertinent supervisory issues.

The SEC has announced new appointments to the Office of Compliance Inspections and Examinations, as well to the Division of Trading and Markets.

CEOs and boards of directors have been hailed for their responsiveness to a spate of recent scandals, but one prominent compliance executive argues there’s another critical voice behind these decisions: the chief ethics and compliance officer. 

Democratic senators want FINRA to detail  its interpretation of the SEC's proposed standards of conduct rule. FINRA will play a large role in implementing and enforcing the forthcoming rule package.

The Securities and Exchange Commission on July 25 announced that Kristin Snyder has been named deputy director of the agency’s Office of Compliance Inspections and Examinations.

The Commodity Futures Trading Commission unanimously approved a proposal to update a rule impacting exchanges that list security futures products. The proposal has the potential to provide greater liquidity in SFP trading, which would facilitate risk management for companies using SFPs, and is the first update to the CFTC SFP position limits and position accountability requirements since they were originally issued in 2001.

With the intent of significantly enhancing operational transparency and regulatory oversight, the Securities and Exchange Commission on July 18 voted to adopt amendments to the regulatory requirements governing alternative trading systems, commonly known as “dark pools.”

A federal judge has dismissed the SEC’s civil lawsuit against two former executives of U.S. fund manager Och-Ziff Capital Management Group, finding that the SEC filed too late to seek damages for violations of the Foreign Corrupt Practices Act.

The Commodity Futures Trading Commission (CFTC) on Monday announced an award of more than $70,000 to a whistleblower who “significantly” contributed to an ongoing CFTC investigation and led the CFTC to a successful settlement.