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.
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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.
IRS Pledges More Audits of Wealthy, Better Customer Service
IRS released details on how to use infusion of $80B for improved operations pledging to invest in new technology, hire more customer service reps.
BlackRock to Sell $114 Billion of Failed Banks’ Securities
BlackRock Inc. was hired by US regulators to help sell $114 billion in securities it amassed from failed lenders Signature Bank and SVB.
