News & Analysis as of

Innovation Financial Regulatory Reform

Snell & Wilmer

GENIUS Act and a New Digital Asset Era

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In a landmark move, President Trump signed the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act). This bipartisan bill establishes the first comprehensive federal framework for stablecoin...more

A&O Shearman

Mansion House: Financial Services Growth and Competitiveness Strategy

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The UK government has published its Financial Services Growth and Competitiveness Strategy, a ten-year plan to drive growth and competitiveness in the UK financial services sector. The strategy follows a call for evidence...more

DLA Piper

Stablecoins and the Genius Act: What You Need to Know

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On July 17, 2025, the US Congress passed the Guiding and Establishing National Innovation for US Stablecoins Act (Genius Act or Act) by 308–122 vote, a landmark piece of legislation establishing the first federal regulatory...more

Orrick, Herrington & Sutcliffe LLP

RegFi Episode 57: Opening a Path for New Bank Formations

The Klaros Group’s Michele Alt joins Orrick partners Jerry Buckley, Caroline Stapleton and Walt Zalenski to explore actions needed to facilitate new bank formations, which have slowed to trickle in recent years. The...more

Katten Muchin Rosenman LLP

A More Business-Friendly Approach to Innovation, Risk Management and Derivatives Regulation: What to Expect From Incoming CFTC...

President Donald Trump's nomination of Brian D. Quintenz to serve as Chairman of the Commodity Futures Trading Commission (CFTC or Commission) portends a potential shift towards a more business-friendly regulatory approach to...more

A&O Shearman

Global Financial Innovation Network report on use of consumer-facing AI in global financial services

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The Global Financial Innovation Network has published a report summarizing discussions led by the U.K. Financial Conduct Authority and the Dubai Financial Services Authority on the use of consumer-facing AI in global...more

Troutman Pepper Locke

The CFPB Issues Revised Sandbox and No-Action Letter Policies

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Earlier this month, the Consumer Financial Protection Bureau (CFPB or Bureau) issued new policy statements regarding its Compliance Assistance Sandbox (CAS) and No-Action Letters (NAL) programs. ...more

Ballard Spahr LLP

CFPB re-establishes regulatory sandbox, no-action letter programs

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In an effort to foster innovation in financial services, the CFPB is reinstituting its programs that allow companies to obtain regulatory safe harbors through no-action letters and sandboxes to test new products and services....more

Troutman Pepper Locke

Federal Reserve Bank of San Francisco and DFPI Office of Financial Technology Innovation’s Office Hours

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These office hours provide a one-to-one engagement opportunity for organizations to share their stories, offer viewpoints, or gain insights into the regulatory and supervisory landscape....more

Davis Wright Tremaine LLP

Navigating the Financial Markets Regulatory Landscape: Takeaways After the TOTSA Settlement

In the dynamic world of financial regulation, the Commodity Futures Trading Commission (CFTC) has been actively addressing market manipulation with enforcement actions to ensure market integrity. The CFTC's recent settlement...more

Ballard Spahr LLP

Congressional Representatives Express Concern Regarding FDIC’s Regulation of FinTech Firms and Financial Innovation

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On February 2, 2024, three Republican members of the House Financial Services Committee sent a letter to Federal Deposit Insurance Corporation (“FDIC”) Chair Martin Gruenberg expressing concern regarding what the congressmen...more

Ballard Spahr LLP

House Financial Committee to hold Dec. 5 hearing on financial innovation

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Today, the House Financial Services Committee’s Subcommittee on Digital Assets, Financial Technology and Inclusion will hold a hearing entitled “Fostering Financial Innovation: How Agencies Can Leverage Technology to Shape...more

Cadwalader, Wickersham & Taft LLP

CFPB Launches Office of Competition and Innovation

On May 24, the CFPB launched a new office, the Office of Competition and Innovation. The stated purpose of the new office is to promote competition and innovation that benefits consumers in the financial products and services...more

Burr & Forman

U.S. Treasury Issues Recommendations to Promote FinTech Innovation

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Last month, the Treasury Department issued a 222-page report to President Trump on Nonbank Financials, Fintech, and Innovation in which it recommends large-scale regulatory changes to promote innovation in the realm of...more

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