SEC Proposes Custody Rule Overhaul with Broad Implications
SEC proposes custody rule overhaul with broad implications for investment advisers, custodians, and independent public accounting firms.
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SVB Failed From Mismanagement, Not Loose Regulations - FDIC Official
Management failures, not loose regulations, prompted SVB's sudden failure last month, top Federal Deposit Insurance Corporation official said.
US Congressman Accuses Gary Gensler of Obstructing Crypto Industry Development
Tom Emmer, Republican Majority Leader of US House of Reps, has criticized SEC Chairman Gary Gensler's approach to the oversight of digital assets.
FINRA Re-Proposes Work-From-Home Supervisory Locations
Firms would be able to treat private residences as non-branch offices instead of OSJs under certain circumstances.
Investment Adviser Fined $50K for Compliance Lapses Following Founder/CCO’s Death
NY investment adviser will pay $50K fine. Required to hire independent compliance consultant for allegedly failing to implement compliance policies.
Alexandria Ocasio-Cortez and Elizabeth Warren Hunt Down Crypto Companies To Interrogate About SVB Deposits
US senators are demanding answers from crypto companies about their affiliation with the collapsed Silicon Valley Bank (SVB).
Bullard Plays Down Credit Crunch, Says Fed Must Fight Inflation
James Bullard said steps taken to ease financial strains were working and the central bank should keep raising interest rates to fight high inflation.
