- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
On March 15, the Senate, under the leadership of Banking Committee Chairman Mike Crapo, passed what he is calling “the most significant piece of regulatory reform legislation for community financial institutions in nearly a decade” with a bipartisan vote of 67 to 31.
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With some help from Democrats, Congressional Republicans have sent the most significant Dodd-Frank Act regulatory retreat to date on to the desk of President Trump.
Anonymous employees of OpenAI accused the company of requiring employees to sign nondisclosure agreements (NDAs) that “prohibited and discouraged” them from reporting securities law violations to federal regulators.
The Supreme Court rejected a claim that the Consumer Financial Protection Bureau’s funding mechanism is unconstitutional, removing a legal challenge that had the potential to overturn all the agency’s regulations and enforcement actions.
