Subscribe
‘Enforcement 40’ for 2020
Our Sponsors
Join Us On LinkedIn
Join the Securities Litigation and Enforcement Group on LinkedInBank Regulators’ Contagion Fears Are Misdirected Toward Crypto
The recent collapses of Silvergate, Silicon Valley Bank, and Signature Bank highlight the contagion risk between the cryptocurrency industry and traditional banking that regulators have warned about. But in these instances, the contagion flowed in the opposite direction anticipated by regulators—from traditional finance to the crypto industry. Source: Bank Regulators’ Contagion Fears Are Misdirected Toward […]
Bankers Bury ‘ESG’ in Pitch Books to Head Off Republican Attacks – Bloomberg
Banks and financial firms are quietly recalibrating how they talk about ESG investing in the US, navigating around potential political fights in order to avoid losing lucrative business. Eleven major banks and money managers told Bloomberg News that they’re adjusting the language they use in pitch books, marketing materials and investor reports when seeking to sell […]
GOP Sen. Ted Cruz Proposes Ban on a CBDC
Sen. Ted Cruz (R-Texas) introduced a bill on Tuesday aimed at blocking the Federal Reserve from creating a consumer-based central bank digital currency, or CBDC. “The federal government has no authority to unilaterally establish a central bank currency,” Cruz said in a press release. “This bill goes a long way in making sure big government […]