`A Bad Joke.' Small Businesses Fight a Trump Treasury Anti-Money Laundering Rule

Also, Finra's Cook on 'modernizing' rules; fintech trade group looks to bolster CFPB open-banking plan in court

Dozens of small businesses along the U.S.-Mexico border are raising a ruckus over a massively burdensome regulation. One small check-cashing firm describes being “buried” in paperwork. A trade group in Texas reports that its members’ compliance costs are “financially ruinous.” And two federal judges have separately concluded that the policy, which was a…