Wall Street asks SEC to extend timeline for US Treasury market overhaul
Wall Street is asking regulators for more time to implement a rule requiring centralized Treasury clearing as banks and funds trading U.S. government bonds face a 2026 deadline.The Securities and Exchange Commission adopted in December 2023 new rules aimed at reducing systemic risk in the $28 trillion Treasury market,
SEC revokes unpopular banking rule that blocked Wall Street banks from adopting crypto
The U.S. Securities and Exchange Commission has rescinded an accounting rule that forced banks to treat bitcoin and other tokens as a liability on their balance sheets. The guidance was a major deterrent to Wall Street banks owning bitcoin.
Wall Street regulator revokes accounting guidance on crypto assets
The U.S. Securities and Exchange Commission (SEC) rescinded on Thursday accounting guidance long opposed by the cryptocurrency industry, an early move in President Donald Trump's pivot away from the policies of the prior administration and a win for the crypto sector.
US securities regulator opens door for Wall Street banks to hold crypto
While Trump’s pick to lead the SEC, Paul Atkins, is still awaiting US Senate confirmation, acting chair Mark Uyeda and another Republican commissioner, Hester Peirce, have put the regulator on a more crypto-friendly track, forming a task force and dismantling SAB 121.
The Daily Hodl5d
Wells Fargo and Merill Lynch Paying $60,000,000 Fine for Allegedly Shortchanging Customers While Making Bank on Client Cash
Two Wall Street titans are shelling out a combined $60 million to the U.S. Securities and Exchange Commission for allegedly serving their own interests at the detriment of clients.
Wall Street Watchdogs Scrub DEI Pages After Trump Orders (1)
Federal banking and securities regulators, including several intended to operate independently from the White House, are starting to delete references to internal diversity and inclusion offices from their websites following executive orders from President Donald Trump.
The Daily Hodl12d
$63,100,000 Penalty Hits 12 Financial Giants, Including Charles Schwab and Santander, As SEC Issues Major Enforcement Action
The U.S. Securities and Exchange Commission (SEC) is set to collect $63.1 million in fines from nine investment advisers and three broker-dealers over the use of unapproved communication methods.
Stockhead on MSN10d
Regulation and growth: Trump’s economic team will make all the difference for Wall Street
The pendulum is fast moving back in favour of business as the incoming US president fills the world’s most powerful economic roles.
InPoint REIT sets distributions for common stockholders
InPoint Commercial Real Estate Income, Inc., a Maryland-incorporated real estate investment trust (REIT), has announced distributions for its common stockholders of record as of January 31, 2025. According to a recent filing with the Securities and Exchange Commission,
Financial Planning2h
Morgan Stanley advisor says AML policies cost him international clients
Rodney Halvorson says he agreed to join Morgan Stanley only if he could take two wealthy Mexican clients with him. But his transfers were blocked amid heightened money-laundering scrutiny.
Visa Fiscal First Quarter 2025 Financial Results
Visa (NYSE: V) today announced its fiscal first quarter 2025 financial results through an earnings release that will be furnished with the Securities and Exchange Commission on a Form 8-K and available on its Investor Relations website at investor.
JD Supra3h
Capital Markets & Governance Insights - January 2025
Companies should not minimize the extent of a material cybersecurity incident by omitting material facts regarding the scope and potential impact