SEC

Ambiguity about which laws apply to blockchain technology has prevented certain companies from doing business in the United States.

Ambiguity about which laws apply to blockchain technology has prevented certain companies from doing business in the United States.

This is how the firm tried to make sure no one knew.

In a registration statement filed with the SEC, the company revealed new details about its financial performance and its growth plans.

The SEC is paying close attention to cryptocurrency, though its efforts may be counter to its priority to foster innovation and capital formation in the U.S., contends Bill Martin, a lawyer in the New York office of O'Melveny & Myers.

Many people still distrust banks, but many also look askance at the social media giant, making it an unlikely savior of the unbanked.

Many people still distrust banks, but many also look askance at the social media giant, making it an unlikely savior of the unbanked.

The bipartisan House effort to delay the Current Expected Credit Loss standard comes less than a month after Republican senators introduced a similar bill.

The effort to delay CECL comes a week after a House panel mounted a bipartisan attack on the new FASB standard.

The SEC and other regulators are taking a closer look at ICOs and mergers involving cryptocurrencies and distributed ledgers, which requires careful diligence for payment companies and dealmakers, according to Will Turner, a partner in the blockchain and cryptocurrency practice at Steptoe & Johnson.

The Trump administration directed independent agencies to submit their pending guidance for review by the Office of Information and Regulatory Affairs, a novel procedural hurdle that could slow down policy changes.

With an implementation deadline less than a year away, bankers will be pressed to detail how a new accounting rule for loan losses will affect reserves, earnings and capital.

Clayton is the latest to raise concerns about bank loans to highly indebted companies; Wells Fargo’s performance took a hit with its reputation.

Four lawmakers are calling on the White House to act quickly to appoint members to Democratic slots on the Federal Deposit Insurance Corp.'s board and on the Securities and Exchange Commission.

If there is renewed interest in a proposal to restrict incentive-based plans, that isn’t enough to overcome obstacles that have hindered the rulemaking for so long.

The House Financial Services Committee will hold eight hearings next month, looking at Wells Fargo's recent consumer protection scandals, a reauthorization of the flood insurance program and more.

The SEC and FASB control the process now, but Congress should give banking regulators a more central role in overseeing the creation of accounting rules.

More traditional players interested in creating a safer market for digital assets have issued a checklist that cryptocurrency firms can follow to build confidence among banks, consumers and regulators.

Prometheum may succeed whether others have failed because it has attempted to work closely with regulators.

Robinhood Financial has rebranded its service, deleted tweets about its launch and scrubbed the page from its website.