Legal & Regulation

Legal & Regulation
SEC Considering Rules Around Asset Custody and Predictive Data Analytics
March 02, 2023

Investment advisers should be wary of cryptocurrency trading and lending platforms and predictive data analytics. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

CFPB
CFPB Says Unneeded Fees Drain Public Benefit Payments
March 02, 2023

America’s financial watchdog says unnecessary fees are cheating retirees out of their benefits. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Legal & Regulation
Bankman-Fried Recommends Tech Experts to Decide Bail
March 02, 2023

Will FTX founder Sam Bankman-Fried remain free on bail? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form,...

Legal & Regulation
Majestic Home Loans With Permanent CFPB Ban After Years of Military Fraud 
February 27, 2023

The Consumer Financial Protection Bureau said Monday (Feb. 27) that it has permanently banned a California mortgage broker from the industry, citing years of abuse and fraudulent government representation to military families. Get the Full Story Complete the form to unlock this article and enjoy...

CFPB
Supreme Court to Decide CFPB’s Future and Funding
February 27, 2023

The ultimate fate of the Consumer Financial Protection Bureau rests in the hands of nine individuals. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

Legal & Regulation
TD Bank and HBSC Make ‘Monumental’ Settlement in $7B Ponzi Case
February 27, 2023

A group of banks have agreed to settle a lawsuit tied to a $7 billion Ponzi scheme. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

Bank Regulation
Goldman Sachs Reveals Multi-Agency Credit Card Probe
February 27, 2023

A federal investigation into Goldman Sachs’ credit card business has apparently expanded. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...

Legal & Regulation
House Bill Would Give Consumers More Control Over Financial Data
February 24, 2023

The House Financial Services Committee chairman, U.S. Rep. Patrick McHenry, has introduced a financial data privacy bill. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Legal & Regulation
New Criminal Charges Allege Bankman-Fried Used FTX Funds as Personal Piggy Bank
February 24, 2023

Sam Bankman-Fried’s associates have flipped on him, and now here comes the script. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....