August 04, 2025

State Pension Fund Investment in Cryptocurrency: A Risky Gamble with Public Retirement Security

Summary In recent years, a growing number of U.S. states have introduced legislation or pursued policies that permit the investment of state-controlled funds — including pension funds — into cryptocurrencies and related…

July 30, 2025

Regulate Financial Firms’ Use of AI to Minimize Risks and Maximize Rewards

Introduction Two noteworthy events occurred last week in the world of artificial intelligence (AI). Last Wednesday, President Trump released his administration’s “AI Action Plan,” which described the regulation of AI as…

July 30, 2025

AI in the Financial Markets: Potential Benefits, Major Risks, and Regulators Trying to Keep Up

The Rapid Evolution of AI.  The field of artificial intelligence (“AI”) is exploding. As the headlines proclaim, the race is on in the private sector to be the most successful AI company,…

July 28, 2025

ILC Corporate Banks Are Unfair Competition and Endanger All Americans

There is a long history in the U.S. of ensuring the separation between banking and commerce, and for good reason. The Bank Holding Company Act, passed in 1956, prohibits bank holding companies…

July 26, 2025

Standing up to the Lawless Crypto Industry

For years now, too many leaders on Wall Street and Washington either looked the other way or unquestioningly supported the crypto industry as it worked relentlessly to infiltrate our financial system…

July 24, 2025

SPACs + Crypto = Buyer Beware

Introduction On July 22, 2020, billionaire investor Bill Ackman’s Pershing Square Tontine Holdings became the biggest special purpose acquisition company (SPAC) ever. SPACs are blank-check companies that raise money publicly…

July 22, 2025

The Demise of Consumer Financial Protection Regulations under Trump’s CFPB

Transformative rules designed to fight predatory behavior, promote transparency, and save consumers billions are disappearing at an alarming rate As of July 23, 2025 The second Trump Administration has actively dismantled numerous…

July 21, 2025

The CFTC’s Role in Financial Stability from Deregulation to Reform, and a Warning for the Future

A Legacy of Deregulation That Brought Down the Economy As we continue to celebrate the 50th anniversary of the Commodity Futures Trading Commission (CFTC) and recognize the 15th anniversary of…

July 17, 2025

Crypto Lending Poses Huge Risks for Retail Investors

Introduction On July 13, 2022, crypto lender Celsius Network filed for bankruptcy. Celsius’s business took crypto deposits from retail customers and used them to invest in the crypto market. Celsius…