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California’s Proposition 24 Vote Could Boost Online Privacy Bills In New York, Washington

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The ballot measure also creates a new state watchdog agency to enforce the rules, which are slated to go into effect in 2023. Given California’s size and its historical role as a national trend-setter, observers see the tough new privacy law as likely to spur action by other states over the coming years.

New York 254
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City National Bank, Extend Team On Virtual Corporate Cards

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City National Bank has enlisted New York City FinTech Extend to enable the bank’s clients to offer virtual corporate cards to employees, vendors and other business partners, the companies announced in a press release. With Extend, City National is the first issuer in the U.S. to launch this competitive solution.”.

National 172
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OCC Releases Community Reinvestment Act (CRA) Evaluations

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Security National Bank. First Texoma National Bank. First National Bank of Decatur County. First National Bank of Kemp. First National Bank of Michigan. The Conway National Bank. Santander Bank, National Association. Community National Bank & Trust. BOKF, National Association.

Community 294
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Russian Hack Used Servers Inside US, Cybersecurity Company Says

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The recently discovered cyber attack on federal government agencies and companies handling data as sensitive as information regarding new nuclear weapons was run from servers within the United States, The New York Times reports. Sources told the Times the matter may have been exacerbated by the focus U.S.

Company 319
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U.S. Regulations to Consider When Managing a Cryptocurrency Fund

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We’ll then move to the federal level, seeking regulatory guidance as to whether digital tokens are securities under the jurisdiction of the U.S. Securities and Exchange Commission (SEC) or commodities contracts over which the Commodity Futures Trading Commission (CFTC) has regulatory jurisdiction. State Regulations.

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Lawmakers Eye Alternatives To Renter Security Deposits

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Lawmakers across multiple states are considering legislation to reconfigure the often burdensome security deposit structure that adversely affects renters of less financial means, according to the Wall Street Journal. As many as one fourth of all renters in the United States devote 50% or more of their monthly expenses to rent. Sittenfeld.

Security 139
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New York Wants To Be The Model For Cybersecurity Regulation

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New York’s financial regulator had a bold claim to offer over the weekend — she claimed that other states should use New York’s sweeping cybersecurity rules as a model for how insurers must protect their networks from hackers. New York also has clear guidelines for when and how firms have to report when there are hacks.

New York 110