Welcome to Carver's USA Regulatory Updates.

This episode highlights recent enforcement orders published by the Federal Deposit Insurance Corporation, including termination of consent orders and insurance arrangements. We discuss banks’ adjustments to loan contracts amidst monetary policy changes, incorporating stricter financial covenants to allow flexibility during tightening cycles.

In labor and employee benefits, the U.S. Department of Labor’s Employee Benefits Security Administration recovered over $1.4 billion in fiscal year 2025, enhancing fiduciary governance and expanding access to mental health and substance use disorder benefits.

The Federal Communications Commission has opened a docket for public comments on the nationwide Verizon outage, focusing on impacts to 911 emergency calls and public safety. The FCC also proposes rules enabling eligible 900 MHz licensees to transition voluntarily to paired broadband licenses, enhancing capacity while retaining narrowband options.

We cover recent SEC statements clarifying that tokenized securities are federally regulated securities regardless of format, detailing issuer- and third-party-sponsored models. Modifications to the Non-Crypto Market Maker Program impact eligibility, product scope, and monitoring. Additionally, we explore how AI and tokenized finance are reshaping financial trust foundations.

For more information, visit the Carver Agents website.

Articles mentioned:

1. Litigation Releases Kevin A. Van de Grift
2. Attorney General Dan Rayfield Condemns DOJ Threats Against Minnesota
3. FEDS 2026-008
4. US Department of Labor’s Employee Benefits Security Administration recovered over $1.4B in FY25 for workers, families, benefit plans
5. COIN | Modifications to the Non-Crypto Market Maker Program
6. FCC Seeks Information on Effects of Nationwide Verizon Outage
7. PR-7-2026 - FDIC Publishes December Enforcement Actions
8. AI and Tokenized Finance Are Reshaping the Foundations of Financial Trust
9. Statement on Tokenized Securities
10. Maximizing the Potential of the 900 MHz Band
11. Attorney General James Releases Footage from Investigation into Death of Shelton Ennis
12. 900 MHz
13. DIR, DWC releases Independent Bill Review (IBR) report for 2023 and 2024
14. FEDS Notes
15. Automobile Title Loans: What Consumers Need to Know
16. Avoid weather-related utility scams after the recent winter storm
17. FEDS Notes
18. No, that’s not your boss asking you to buy gift cards