Finance Law and Banking Law

Nasdaq has introduced a new minimum Market Value of Listed Securities (MVLS) requirement of $5 million that carries no cure period and results in immediate suspension upon breach. Unlike other listing standards, companies that fall below this threshold for 30 consecutive business days face delisting without the typical grace period to regain compliance. This analysis examines the rule's mechanics, its implications for microcap public companies, and strategic options available to maintain compliance.

A new House bill seeks to address the growing crisis of check and wire fraud by granting financial institutions expanded authority to delay funds availability when fraud is suspected. The proposed legislation would fundamentally reshape how banks balance expedited access requirements against the time needed to investigate sophisticated payment fraud. With no statutory cap on certain fraud holds, the bill raises critical questions about operational compliance, system readiness, and the regulatory rulemaking

Federal banking regulators issue new guidance on lending to non-work authorized borrowers and handling highly sensitive information during examinations, while the FDIC proposes reporting forms for payment stablecoin issuers and New York establishes a comprehensive regulatory framework for stablecoins. Two bank failures in Indiana and Kansas result in FDIC receiverships with estimated costs totaling $6.9 million to the Deposit Insurance Fund.