A dispute between the city of Baltimore and Dave Inc. (Dave) raises questions about the scope of local consumer-protection authority and its relationship to Maryland’s statewide consumer-lending framework. Dave has moved to dismiss Baltimore’s lawsuit concerning the company’s “ExtraCash” advances,
The Federal Trade Commission has settled with a payment processor and four affiliated entities over allegations that the companies knowingly enabled deceptive merchants, including foreign tech-support operations, to access the U.S. card-payment system. Beyond the $4.85 million monetary judgment, the
CFTC proposes a regulatory framework for retail crypto asset trading, addressing leverage, exchanges, intermediaries, custody, clearing, and settlement.
The SEC proposed amendments to performance fee and interval fund rules aimed at expanding retail investor access to private market strategies.
The CFTC’s final rule establishes a 30% presumption for certain whistleblower awards and revises the agency’s award determination process.
The Federal Trade Commission announced that it has settled with Doxo, Inc. over claims that the company misled consumers.
The Federal Trade Commission has reached a proposed $12 million settlement with Humboldt Merchant Services based on allegations that it processed payments for merchants that were shell companies or engaged in fraud.
FINRA member firms (“Members”), and the enterprise organizations in which many sit, are moving rapidly to deploy firm-approved artificial intelligence tools for use by their employees. As adoption accelerates, the available tools (and employees’ ability and willingness to use them)
On August 12, 2026, the SEC’s Division of Investment Management issued a No-Action Letter (the Letter) granting no-action relief to Franklin Templeton under Section 17(f) of the Investment Company Act of 1940 (the 1940 Act) and Rule 17f-2.
On Aug. 11, 2026, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network issued a final rule that permanently removes the requirement for U.S. companies and U.S. persons to report beneficial ownership information under the Corporate Transparency Act.
