A dispute between the city of Baltimore and Dave Inc. (Dave) raises questions about the scope of local consumer-protection authority and its relationship to Maryland’s statewide consumer-lending framework. Dave has
Continue Reading Dave Challenges Baltimore’s Authority to Enforce Consumer Protection Ordinance Against Cash-Advance Products
The Federal Trade Commission has settled with a payment processor and four affiliated entities over allegations that the companies knowingly enabled deceptive merchants, including foreign tech-support operations, to access the
Continue Reading FTC Announces Settlement and Articulates Knowledge Standard for Payment-Processor Liability
CFTC proposes a regulatory framework for retail crypto asset trading, addressing leverage, exchanges, intermediaries, custody, clearing, and settlement.
The SEC proposed amendments to performance fee and interval fund rules aimed at expanding retail investor access to private market strategies.
Continue Reading SEC Proposes Amendments to Expand Retail Access to Private Markets
The CFTC’s final rule establishes a 30% presumption for certain whistleblower awards and revises the agency’s award determination process.
Continue Reading CFTC Final Rule Establishes 30% Presumption for Some Whistleblower Awards
The Federal Trade Commission announced that it has settled with Doxo, Inc. over claims that the company misled consumers.
Continue Reading FTC Secures $2.1 Million Settlement with Bill Payment Firm Doxo
The Federal Trade Commission has reached a proposed $12 million settlement with Humboldt Merchant Services based on allegations that it processed payments for merchants that were shell companies or engaged
Continue Reading FTC Targets Payment Processor in Proposed $12 Million Sham-Merchant Settlement
On August 12, 2026, the SEC’s Division of Investment Management issued a No-Action Letter (the Letter) granting no-action relief to Franklin Templeton under Section 17(f) of the Investment Company Act of 1940 (the 1940 Act) and Rule 17f-2.
Continue Reading SEC Staff Grants No-Action Relief for Digital Asset Custody
On Aug. 11, 2026, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network issued a final rule that permanently removes the requirement for U.S. companies and U.S. persons to report beneficial ownership information under the Corporate Transparency Act.
Continue Reading FinCEN Final Rule Permanently Ends Beneficial Ownership Reporting Requirements for US Companies and US Persons
On Aug. 5, 2026, the Securities and Exchange Commission announced a new specialized unit within its Division of Enforcement focused on accounting and financial reporting fraud, as well as broader misconduct in the accounting and auditing areas.
Continue Reading SEC Creates Financial Reporting and Accounting Unit in Enforcement Division