Regulation – Page 2

Business Groups Challenge California’s Landmark Emissions Reporting Law: Lawsuit Targets First-of-Its-Kind Legislation Mandating Corporate Disclosure

U.S. Investment Advisers Face Tightened Anti-Money Laundering Rules: New Regulation Targets Illicit Finance in Private Funds Sector

The U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) has proposed sweeping new regulations aimed at bolstering the fight against money laundering within the private funds sector. Under the proposed rule, investment advisers registered with the SEC, overseeing assets exceeding $110 million, must implement stringent anti-money laundering (AML) and counterterrorism financing measures. Key Points: AsContinue reading “U.S. Investment Advisers Face Tightened Anti-Money Laundering Rules: New Regulation Targets Illicit Finance in Private Funds Sector”

SEC Tightens Grip on Wall Street: New Rules Impact High-Speed Traders and Hedge Funds

In a landmark move, the Securities and Exchange Commission (SEC) broadened its regulatory purview, extending oversight to high-frequency trading firms and hedge funds, a significant departure from its traditional focus. The 3-2 vote ushered in a new era of oversight, compelling these entities to comply with stringent capital requirements, registration mandates, and enhanced transaction reportingContinue reading “SEC Tightens Grip on Wall Street: New Rules Impact High-Speed Traders and Hedge Funds”

Department Store Credit Card Conundrum: Macy’s, Kohl’s, Nordstrom, and the Looming Threat to Revenue Streams

In an era of retail upheaval, department stores face a new existential challenge: the potential erosion of a once-stalwart revenue source—their store-branded credit card businesses. Recent regulatory proposals, notably from the Consumer Financial Protection Bureau (CFPB), aim to curtail excessive late fees, a move that could significantly dent profitability for retailers reliant on credit cardContinue reading “Department Store Credit Card Conundrum: Macy’s, Kohl’s, Nordstrom, and the Looming Threat to Revenue Streams”