| Date | Action | Agency | Summary |
|---|---|---|---|
| 2025-02-11 | CFPB Cuts Over $100 Million in Contracts Amid DOGE Probe |
CFPB
|
New CFPB leadership signals its intent to dismantle the CFPB, this time by cancelling over $100 Million worth of agency contracts. |
| 2025-02-11 | Exemption to Report PPI to Consolidated Audit Trail |
SEC
|
The SEC issued an exemptive order providing that the consolidated audit trail (CAT) will no longer be required to collect the names, addresses, and years of birth for most natural persons. The exemptive order means that it will be harder for the SEC to detect misconduct and identify the perpetrators. Read Better Markets’ statement here. |
| 2025-02-09 | Forced Remote Work of Staff/Stand Down from All Work |
CFPB
|
New CFPB leadership signals its intent to dismantle the CFPB by freezing the vast majority of work at the agency. |
| 2025-02-09 | Crypto Staff Reassignment |
SEC
|
The SEC reassigned more than 50 lawyers and staff who were solely responsible for cryptocurrency enforcement actions. The dismantling of the crypto unit endangers investors because crypto is rife with frauds, scams, and abuses. Learn more about the threats crypto poses to the financial system and Main Street here. |
| 2025-02-08 | Vought cuts off CFPB funding |
CFPB
|
New CFPB leadership signals its intent to dismantle the CFPB, this time by seeking to undermine the agency’s funding. Read Better Markets’ response here. |
| 2025-02-07 | Extension of Form SHO Compliance Date |
SEC
|
The SEC extended the deadline for institutional investment managers to report information about their short sales. The extension means that the SEC will continue to lack information about short selling in the marketplace, which will make it more difficult for the SEC to investigate market manipulations. |
