The Securities and Exchange Commission’s (SEC) April 7, 2026, press release on its fiscal year (FY) 2025 enforcement results is less about numbers and more about a philosophical reset. Under Chairman Paul Atkins and Commissioner Mark Uyeda, who served as acting chair prior to the chairman’s confirmation, the SEC is expressly stepping back from what
FinCEN’s AML Reset: Proposed Rule Rewrites the Playbook for AML/CFT Programs
On April 7, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued a Notice of Proposed Rulemaking (NPRM) that would significantly revise Bank Secrecy Act (BSA) anti-money laundering and countering the financing of terrorism (AML/CFT) program requirements across a broad range of financial institutions. The proposal is a central element of the
Troutman Pepper Locke Weekly Consumer Financial Services Newsletter – April 1, 2026
To keep you informed of recent activities, below are several of the most significant federal events that have influenced the Consumer Financial Services industry over the past week.
On March 30, the U.S. Department of Labor’s Employee Benefits Security Administration issued a landmark proposed rule that would “democratize” access
Troutman Pepper Locke Weekly Consumer Financial Services Newsletter – March 26, 2026
To keep you informed of recent activities, below are several of the most significant federal events that have influenced the Consumer Financial Services industry over the past week.
FTC Launches Healthcare Task Force
On March 20, Federal Trade Commission (FTC) Chairman Andrew N. Ferguson issued a memorandum directing the creation of an internal Healthcare Task Force. The directive underscores that healthcare remains a top enforcement and policy priority for the FTC, reflecting the Administration’s focus on a “more competitive, innovative, affordable, and higher quality healthcare system.”
Troutman Pepper Locke Weekly Consumer Financial Services Newsletter – March 17, 2026
To keep you informed of recent activities, below are several of the most significant federal events that have influenced the Consumer Financial Services industry over the past week.
House Financial Services Committee Discussion Draft to Amend GLBA and Preempt State Regimes
A new discussion draft from Representative Bill Huizenga (R-MI) would significantly update Title V of the Gramm‑Leach‑Bliley Act (GLBA) to reflect how financial data is collected, shared, and monetized in today’s market. Released in connection with the March 17, 2026 House Financial Services Committee (Committee) hearing, “Updating America’s Financial Privacy Framework for the 21st
Troutman Pepper Locke Weekly Consumer Financial Services Newsletter – March 10, 2026
To keep you informed of recent activities, below are several of the most significant federal events that have influenced the Consumer Financial Services industry over the past week.
Troutman Pepper Locke Weekly Consumer Financial Services Newsletter – February 24, 2026
To keep you informed of recent activities, below are several of the most significant federal events that have influenced the Consumer Financial Services industry over the past week.
Federal Activities:
On February 18, the U.S. Department of the Treasury announced the conclusion of a major public‑private initiative, launched under President Donald
Troutman Pepper Locke Weekly Consumer Financial Services Newsletter – February 4, 2026
To keep you informed of recent activities, below are several of the most significant federal events that have influenced the Consumer Financial Services industry over the past week.