WASHINGTON - An industry trade group has launched a preemptive strike against efforts to extend community reinvestment requirements to finance companies.

The American Financial Services Association, which represents such companies, released a report last week indicating that further regulation would force them to reduce their presence in low-income areas.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.