Law and regulation

Securing an economically and fiscally sensible approach to housing finance reform is taking a backseat to entrenched political views on both sides of the aisle.

Second quarter marks against securities have ranged to 5% or more of tangible equity, but markets have looked past the losses and bid up bank stocks.

Canada's Competition Tribunal dismissed a case against MasterCard Inc. and Visa Inc. over rules that require merchants to accept credit cards with higher fees without imposing surcharges.

With the July 16 confirmation of Richard Cordray, the Consumer Financial Protection Bureau is prepared to take an aggressive step forward in its third year.

WASHINGTON — The Consumer Financial Protection Bureau is already the busiest federal bank regulator in recent memory, but with a Senate-confirmed director finally at the helm two years after the bureau's launch, it's only going to get more aggressive.

With Richard Cordray here to stay, the Consumer Financial Protection on its second anniversary is poised to expand rules, accelerate enforcement actions and resolve looming staff uncertainties.

Three years after the passage of the Dodd-Frank Act, regulators are quick to assent with one another on one thing: coming to an agreement over joint rules has become quite the obstacle.

A legal-support firm under investigation by the Consumer Financial Protection Bureau is accusing the CFPB of overstepping its bounds in demanding personal information about the firm's clients.

The House Financial Services Committee plans to mark up legislation Tuesday to wind down Fannie Mae and Freddie Mac and replace them with a system primarily driven by the private sector.

An upcoming dividend rate increase on shares issued under Tarp could prompt more banks to find buyers.

Two new bills in Congress would undermine Dodd-Frank’s ability-to-repay rule and recreate incentives for lenders to steer families into high-risk, high-fee loans they do not understand and cannot afford.

The Indiana Attorney General’s Office filed a lawsuit to recover $83,000 from a Spencer County (Ind.) woman they say misappropriated North Spencer County (Ind.) School Corp. funds from 2007 to 2013.

With the completion of Basel III final rules, regulators have at least fulfilled a Dodd-Frank Act requirement to raise capital standards. But as the financial reform law approaches its three-year anniversary on July 21, only 40% of the roughly 400 required rules have been finalized while nearly 32% have not even been proposed, according to the law firm Davis Polk.Following is a list of some of the top Dodd-Frank rules that have not yet been completed.

The Senate's latest proposal to break up the big banks faces an uphill battle, but FDIC Vice Chairman Thomas Hoenig still says it could have a major impact on the movement to separate big banks' commercial and investment activities.

Sen. Elizabeth Warren, D-Mass., was the Senate's presiding officer when lawmakers confirmed Richard Cordray as director of the Consumer Financial Protection Bureau.

Raj Date, the former No. 2 at the Consumer Financial Protection Bureau, was reappointed to the board of the peer-to-peer lender Prosper Marketplace, the company said Friday.

The federal government says it may build databases of credit card transactions, hotel records and Internet searches as part of counter security measures.

The Georgia company is finally ready to exit the Troubled Asset Relief Program, allowing executives to set their sights on increasing revenue.

The Federal Trade Commission's recent lawsuits against two independent sales organizations for alleged violations of the Telemarketing Sales Rule may be the "tip of the iceberg" of regulatory action against the acquiring industry.

The trials and tribulations of getting regulators to agree on joint rulemakings are a big reason why many key Dodd-Frank Act rules are still unfinished on the law's third anniversary.