Neil Roland

1 week ago | mlex.com | Neil Roland

By Neil Roland ( May 8, 2025, 21:38 GMT | Insight) -- The US Securities and Exchange Commission is considering an exemptive order to let firms using a blockchain or other distributed ledger technology issue, trade and settle securities, said Commissioner Hester Peirce, head of the agency’s cryptocurrency task force.

2 weeks ago | mlex.com | Neil Roland

By Neil Roland ( May 1, 2025, 22:30 GMT | Insight) -- The Republican-controlled House Budget Committee will consider a fiscal 2025 tax-and-spending plan that slashes funding for the US Consumer Protection Bureau by 70 percent and dismantles the independent Public Company Accounting Oversight Board.

2 weeks ago | mlex.com | Neil Roland

By Neil Roland ( April 28, 2025, 21:01 GMT | Insight) -- A House Republican bill has been introduced to dismantle a 23-year-old US auditing watchdog, created after the Enron collapse, and fold its duties into the shrinking US Securities and Exchange Commission. The House Financial Services Committee legislation would scrap a levy on listed companies and broker-dealers that funds the Public Company Accounting Oversight Board and transfer its duties to the SEC.

3 weeks ago | mlex.com | Neil Roland

By Neil Roland ( April 23, 2025, 22:57 GMT | Insight) -- Fired US Federal Trade Commission member Alvaro Bedoya said he is “burning through” family savings while still symbolically doing his FTC job and filing a lawsuit seeking to fast-track his case. Bedoya and Rebecca Slaughter, the other Democrat commissioner who was dismissed, don’t have access to all the resources available at the agency.

1 month ago | mlex.com | Neil Roland

By Neil Roland ( April 15, 2025, 21:17 GMT | Insight) -- A Texas federal court vacated a 2024 US Consumer Financial Protection Bureau rule capping credit-card late fees at $8, handing a victory to banking and business groups. The Trump administration’s CFPB and the US Chamber of Commerce had jointly filed the suit in the Northern District of Texas challenging the Biden-era rule.