Markets
Treasury IRS Premium Tax Credit Proposal Tightens 2027 Rules
Treasury and the IRS proposed tighter Premium Tax Credit eligibility and verification rules for 2027, with publication scheduled for October 15.
Regulation
Markets
Cboe Binary KPI Options Win SEC Approval
The SEC approved Cboe rules for cash-settled binary options tied to reported company KPIs, creating a narrow new exchange-listed product.
Markets
SEC IPO Modernization Review Set for October 27
The SEC will review IPO rules and Regulation Crowdfunding at an October 27 public advisory committee meeting.
News
OCC Says Nine Large Banks Used Debanking Policies
The OCC says nine major banks maintained policies that could restrict financial access based on beliefs or lawful business activities.
AI
FTC Cleo AI Refunds: Who Gets Paid and When
The FTC will send more than $15.8 million to 2.1 million Cleo AI customers, with PayPal payments beginning October 27.
Markets
Bank of America Penalties Top $1.21 Billion Over AML Failures
Treasury agencies announced more than $1.21 billion in Bank of America penalties over AML, sanctions and reporting failures.
Markets
Nasdaq 23/5 Trading Adds New Halt Rules for ETPs
Nasdaq filed halt and reopening rules for exchange-traded products before expanding weekday trading to 23 hours.
AI
North Korean Remote IT Workers Hit Over 70 U.S. Companies
U.S. authorities seized about 187 devices after North Korean remote IT worker schemes allegedly affected more than 70 companies.
AI
West Africa Scam Takedown Removes 3.7 Million Accounts
A coordinated West Africa scam takedown removed 3.7 million accounts, drove arrests and identified over $11 million in potential frozen funds.
News
CVS Settlement Reaches $315 Million Over Opioid Claims
CVS agreed to a $315 million federal settlement over opioid prescriptions and billing claims, alongside new DEA compliance safeguards.