Weekly Roundup: U.S. Regulators to Enhance Scrutiny of Brokerages, Canadian Lawmakers Weigh in On Digital Currencies, and More

The anti-money laundering (AML) programs of securities dealers that also offer customers check writing ability, ATM access, wire transfers and other services typically associated with banking will face increased scrutiny from regulators going forward, a U.S. Securities and Exchange Commission official said Friday at an industry conference in New York. More Digital currencies may be a way to serve some of the 2.5 billion people in the world who are unbanked, according to a report released Friday by the Canadian Senate Committee on Banking, Trade and Commerce. While calling for "a light touch" in regulating digital currencies, including Bitcoin, the report also concluded...