Today, New York Department of Financial Services (DFS) Superintendent Adrienne A. Harris released Guidance to banking organizations that wish to engage in virtual currency-related activities. The Guidance is applicable to all New York regulated banking organizations, as well as branches and agencies of foreign banking organizations licensed by the Department (“Covered Institutions”).
Grand Blanc, Michigan-based Dort Financial Credit Union has agreed to acquire West Palm Beach, Florida-based Flagler Bank, the companies announced Monday.
Washington, DC CNN — Mortgage rates fell once again this week, dipping for the fifth straight week.
OAKLAND – California Attorney General Rob Bonta, as part of a coalition of 22 attorneys general, filed an amicus brief in the U.S. Supreme Court in support of the Consumer Financial Protection Bureau’s (CFPB) petition for review of a Fifth Circuit decision finding that the agency’s funding mechanism is unconstitutional.
The Consumer Financial Protection Bureau has added a proposed rule to its list for 2022 that would require certain nonbank covered entities, including debt collectors, to register with the bureau “when they become subject to certain local, state, or federal consumer protection agency or court orders.”
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