Law and regulation

JPMorgan Chase CEO Jamie Dimon would be the best person to lead the Treasury Department in a financial crisis, billionaire investor Warren Buffett said on PBS' Charlie Rose.

The chief executive of Monarch Financial Holdings (MNRK) in Chesapeake, Va., has been elected to the Federal Reserve Bank of Richmond's board.

Let the games begin. Mary Schapiro hadn't even officially announced her resignation before the New York Times and other media outlets were speculating on who might succeed her. Following is the current running list. Who do you think is the best choice? Should other names be included? Let us know in the comments section below.

Securities and Exchange Commission Chairman Mary Schapiro, who took the post in 2009, will be leaving the agency next month.

SEC Chairman Mary Schapiro is leaving the agency, after helping turn around its tarnished reputation in the wake of the financial crisis.

Bank of Canada Governor Mark Carney was unexpectedly named head of the Bank of England as the U.K. government looked abroad for a candidate untainted by financial turmoil.

Morgan Keegan is going to trial before a judge whose decision to throw out regulators' claims the retail brokerage misled thousands of investors about the risks of auction-rate securities was reversed on appeal.

Community banks in energy-rich North Dakota are having to get regulators' approval to buy houses for their employees, who can no longer afford to live there.

After failing to push forward on any bills during the past two years, the Senate Banking Committee may finally be ready to reopen Dodd-Frank, writes American Banker's Victoria Finkle.

The first legal challenge to Dodd-Frank is baseless says the Department of Justice.

Bankers should be a resource for their communities beyond making loans and sponsoring little league teams. Here are a few fresh ways to get involved.

Securities and Exchange Commission Chairman Mary Schapiro is leaving the agency.

Securities and Exchange Commission Chairman Mary Schapiro said Monday that she is stepping down as the agency's head.

Whataburger Restaurants LLC has dropped its lawsuit against collection agency giant NCO Financial Systems.

To prove and defend their capital adequacy, community banks must focus on linking the results of stress testing to the core principles that underlie Basel III's stand-alone ratios.

After a relative lull the past two years, the Senate Banking Committee may be poised to advance a corrections bill to the Dodd-Frank reform law next year, and begin work on other issues like mortgage finance reform.

Nancy Sheppard, who plans to retire next year as CEO of the Western Independent Bankers, wisely pushed the group out of lobbying and into executive training, bankers say.

Willing sellers have pretty much replaced failed banks among targets with less than $1 billion of assets. Volume has perked up in other size classes simultaneously.

In a court filing this week, the Department of Justice rejected a Texas bank's claim that the Dodd-Frank law, and the CFPB in particular, were unconstitutional and harmful to financial institutions.

A bill that would exempt homeowners from having to pay taxes on principal reductions and other forms of debt cancellation will expire at the end of the year if Congress doesn't pass an extension.