2+ hour, 4+ min ago  (269+ words) Home " News " SEC issues report on enforcement actions in 2025 The Securities and Exchange Commission (SEC) released its report on enforcement results for fiscal year 2025. During fiscal year 2025, the SEC filed 456 enforcement actions, including 303 standalone actions and 69 "follow-on" administrative proceedings seeking…...

2+ hour, 6+ min ago  (179+ words) Home " News " FDIC and OCC issue final rule to eliminate reputation risk The U. S. Office of the Comptroller of the Currency (OCC) along with the Federal Deposit Insurance Corporation (FDIC) jointly issued a final rule that codifies the elimination of reputation…...

1+ day, 2+ hour ago  (224+ words) The ABA Foundation, a nonprofit organization helping bankers provide financial education, recently sent a letter to the U. S. Treasury regarding updating the U. S. National Strategy for Financial Literacy. " Shutterstock "We appreciate Secretary (Scott) Bessent and the Treasury Department's focus on this critical…...

1+ day, 2+ hour ago  (265+ words) Home " News " Blockchain Association rebuts arguments about tokenized U. S. securities The Blockchain Association rebutted Citadel Securities" arguments against tokenized U. S. equity securities and decentralized finance trading protocols in a submission to the Securities and Exchange Commission (SEC). Tokenization is the process of…...

1+ day, 2+ hour ago  (273+ words) Home " News " PNC Bank launches consumer loyalty, rewards program PNC Bank debuted its PNC Total Rewards offer this week, providing tiered benefits for its consumers. The new relationship-based loyalty program is designed to give PNC customers more value, transparency and…...

2+ day, 2+ hour ago  (124+ words) Home " News " Sen. Markey slams Trump administration for Small Business Administration cuts U. S. Sen. Edward Markey (D-MA) took exception to cuts proposed by the Trump administration to the Small Business Administration (SBA) budget for Fiscal Year 2027 (FY27). President Donald Trump's proposed FY27 budget…...

2+ day, 2+ hour ago  (157+ words) Home " News " America's Credit Unions weighs in on Trump's FY2027 budget proposal America's Credit Unions weighed in on several aspects of President Donald Trump's fiscal year 2027 budget proposal that impacts credit unions. Among the concerns, the submitted budget includes a $204. 5 million…...

2+ day, 2+ hour ago  (149+ words) Home " News " Legislation would address affordable housing shortage Bipartisan legislation recently introduced in the U. S. House of Representatives would address a lack of affordable housing. The bill also direct the secretary to, within one year, encourage public and private partners to…...

6+ day, 2+ hour ago  (149+ words) Home " Industry " Fulton Financial Corporation acquires Blue Foundry Bancorp Lancaster, Pa. -based Fulton Financial Corporation announced on April 1 it has successfully completed the acquisition of Blue Foundry Bancorp, of Rutherford, N. J. The acquisition positions Fulton to advance its growth plan and…...

6+ day, 2+ hour ago  (420+ words) Asset management firm Franklin Templeton is acquiring 250 Digital, an active cryptocurrency investment management firm that is being spun off from Coin Fund Management." Shutterstock The acquisition would include the 250 Digital investment team and all liquid cryptocurrency strategies previously run by…...