Reporter
Samuel Okonkwo
Samuel Okonkwo covers financial regulation: Treasury rulemaking, the bank agencies, and the comment periods where proposed rules are actually fought over.
He tracks stablecoin licensing, supervisory frameworks and examination standards, and writes about proposals at the stage when their definitions are still being contested rather than after they are final.
Recent work
- RegulationRain files for a national trust bank charter to issue stablecoins under GENIUS Act
- RegulationSEC censures J.P. Morgan units after disqualified employee handled 800 security-based swap trades
- RegulationSEC fines OTC Link $575,000 over nine years of unresolved system-security compliance failures
- RegulationSEC clears "zero cash balance" brokerage model in no-action letters to Alpaca Securities and eToro USA
- RegulationFTC settles with payment processor Humboldt Merchant Services over shell-company fraud facilitation
- RegulationCorpay agrees to $100 million FTC settlement over hidden fuel card fees
- RegulationGerman regulator fines neobank Vivid Money over fee-disclosure and reporting lapses
- RegulationSEC settles with R4 Capital Funding over $1.16 billion in municipal bond deals done without broker-dealer registration
- RegulationRevolut confirms customer data exposed after scammers impersonated a government agency
- RegulationFTC settles with payment processor Nuvei over $4.85 million for allegedly enabling merchant fraud
- RegulationTreasury proposes licensing regime for payment stablecoin issuers
