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Latest News in Banking

• March 30, 2026

  'A-C-T' Agenda Signals New Regulatory Era At SEC Speaks

  At this year's SEC Speaks, U.S. Securities and Exchange Commission Chairman Paul Atkins unveiled his ambitious A-C-T agenda — advance, clarify and transform — to align the federal securities regulatory regime with modern markets, illustrating that the conference was not merely a status update but an action plan, say attorneys at Perkins Coie.

• March 30, 2026

  DOL Rule Would Expand Alternatives In Retirement Plans

  The U.S. Department of Labor unveiled a proposal Monday to expand access to alternative investments, like private equity and digital assets, in retirement plans by establishing a safe harbor process for fiduciaries to follow when deciding where retirees' savings go.

• March 27, 2026

  BofA Will Pay $72.5M In Deal Ending Epstein Ties Allegations

  Bank of America agreed to pay $72.5 million to put to rest a proposed class action alleging the bank helped facilitate Jeffrey Epstein's sex crimes, according to a motion for preliminary approval of the deal filed in New York federal court Friday.

• March 27, 2026

  FCC Told It Can't Make Foreign Call Centers Speak English

  The National Creditors Bar Association is not pleased with the Federal Communications Commission's plans to pass new rules that would require companies to make sure their foreign call center operators speak "American Standard English," saying the agency has no power over foreign employees.

• March 27, 2026

  Kansas City Fed Pressed For Kraken Account Approval Terms

  The ranking member of the House Financial Services Committee asked the Federal Reserve Bank of Kansas City to share more information about its decision to grant crypto firm Kraken Financial access to Fed payment rails, including what limits it imposed on the new type of tailored master account.

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