The Consumer Financial Protection Bureau has launched a pilot advisory opinion program that allows companies seeking to comply with its regulations to submit questions on areas of uncertainty.
Regulatory Policy
Posted inRegulatory Policy
SEC Chair Clayton’s SDNY nomination may melt in harsh spotlight
SEC Chairman Jay Clayton will be in for the fight of his life to secure a nomination to become the next U.S. Attorney for the Southern District of New York.
Posted inRegulatory Policy
Like it or not, Clayton caught up in Trump machine
SEC head Jay Clayton has largely stayed out of the spotlight … until now, as he finds himself embroiled in a controversy that wasn’t of his own making. Such is life as a cog in the Trump machine.
Posted inRegulatory Enforcement
Supreme Court: SEC can recoup ill-gotten profits, with caveats
The U.S. Supreme Court reaffirmed the SEC’s authority to recoup profits obtained from fraudulent schemes but limited the scope of what can be sought through disgorgement.
Posted inRegulatory Enforcement
Don’t let Trump’s actions lower the bar for checks and balances
The fact that President Trump is so unabashedly bold about holding his finger on the scales of justice should remind CCOs that ethics and rules can’t be bent for political (or business) gain.
Posted inRegulatory Policy
Trump nominates Democrat Crenshaw to SEC
President Trump has nominated Caroline Crenshaw to be a member of the Securities and Exchange Commission, filling the Democratic seat left vacant by the resignation of Commissioner Robert Jackson.
Posted inTechnology
DOJ proposes rollback of legal shields for Twitter, Facebook
The Department of Justice has proposed a series of rollbacks of protections for online platforms that would encourage them to police their content.
Posted inRegulatory Enforcement
Why a principles-based regulatory approach works for CFTC
CFTC Chairman Heath Tarbert seeks to let the evolving commodities market breathe with a “principles-based” regulatory approach.
Posted inData Privacy
Contact tracing app development stunted by inaction in Congress
As federal officials dicker over details in a federal data privacy law, the coronavirus continues to spread. Development of a key technological tool in the fight is being kneecapped by their inaction.
Posted inAccounting & Auditing
Regulators skew virtual with summer events calendar
Despite the coronavirus pandemic throwing a wrench into the events industry, U.S. regulators are still planning Webinars and other opportunities this summer to engage with the public.
