Investors shouldn’t shrug off fines against big banks that run afoul of banking regulations because they impact returns over the longer term. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The Commodity Futures Trading Commission (CFTC) reported an increase in enforcement actions in the last fiscal year, partly due to a rise in cryptocurrency cases and spoofing schemes. According to The Wall Street Journal, the federal derivatives-market regulator also handed out around $900 million in...
In the rundown of how individual countries rank, in terms of regulators levying fines on people and corporations, the United States tops the list. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Lloyds Banking Group has been ordered by the Competition and Markets Authority (CMA) to improve its communications with customers pertaining to payment protection insurance (PPI) policies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Five federal agencies spoke on Wednesday (Oct. 3) on how community banks and credit unions can share resources to boost anti-money laundering (AML) efforts, and make Bank Secrecy Act (BSA) compliance streamlined. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The Office of the Comptroller of the Currency (OCC) isn’t satisfied with the progress Wells Fargo has made in reimbursing customers who might have been affected by scandals in its auto lending and mortgage units. Get the Full Story Complete the form to unlock this...
An Apple iPhone X user was forced by law enforcement to unlock his phone with his face. 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...
Headlines tied to the General Data Protection Regulation (GDPR) as of late have been focused on what possible fines might be levied against British Airways amid last month’s news of a data breach that touched 380,000 customers. The fact remains, though, that the ledger of...
Securities law experts say that the U.S. Securities and Exchange Commission’s recent settlement with Tesla’s Elon Musk is proof that the agency is getting tougher on corporate regulation of executives. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
