Legal & Regulation

CFPB
CFPB Appeal To Unseat Mulvaney Gets Expedited
January 24, 2018

It looks like the fight over who will lead the Consumer Financial Protection Bureau (CFPB) is coming to an end, as a federal appeals court agreed to expedite the appeal seeking to unseat acting Director Mick Mulvaney. Get the Full Story Complete the form to...

CFPB
Acting Director Mulvaney Calls For A More Humble CFPB
January 24, 2018

Mick Mulvaney — the White House’s head of the Office of Budget and Management and the interim director of the CFPB (barring a court ruling that changes that) — has a new mission for the government agency that he is temporarily in charge of. Get...

Legal & Regulation
Across The Crypto Legal Bow, Lawsuits
January 22, 2018

And now begin the lawsuits. 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, you agree to receive...

Legal & Regulation
SEC Goes After Leader Of $1.2B Ponzi Scheme
January 22, 2018

An independent management team has resigned from the Woodbridge Group of Companies after the SEC accused the firm of being a Ponzi scheme. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Legal & Regulation
Bitcoin ETFs Raising Serious Concerns For The SEC
January 19, 2018

The SEC has said it will not approve cryptocurrency exchange-traded funds (ETFs) until its concerns about best protecting investors are fully met. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

CFPB
CFPB Director Says He’ll Make Do With Existing Budget
January 18, 2018

Mick Mulvaney, President Donald Trump’s appointed acting director of the Consumer Financial Protection Bureau (CFPB), did not request any funding for the watchdog agency in the second quarter budget. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Legal & Regulation
Treasury Eyes Cryptocurrencies For Money Laundering
January 18, 2018

The U.S. Treasury’s financial crime unit is picking up enforcement of cryptocurrency platforms that don’t have strong internal mechanisms in place to prevent money laundering, according to a report in Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Legal & Regulation
Trump Administration Delays Financial Regulatory Relief Bill
January 18, 2018

Mark Calabria, chief economist for Vice President Mike Pence, warned Wednesday (Jan. 17) that a financial regulatory relief legislation will have to get in line behind other policy initiatives. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

CFPB
CFPB Asks Public How It’s Doing
January 18, 2018

The Consumer Financial Protection Bureau (CFPB) under Acting Director Mick Mulvaney is seeking out public comment to ascertain if the government watchdog agency is fulfilling its mission. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...