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Bankers and commercial real estate developers are protesting new restrictions on construction lending, arguing they are poised to hurt credit availability and drive loans into risky, unregulated sectors.
June 24 -
The growing popularity of impact investing has led to a raft of new disclosure rules. The problem is that using the SEC to monitor companies' CEO pay policies and use of "conflict minerals" decouples the government agency's authority from its area of jurisdiction.
June 24
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Senate Democrats are urging regulators to investigate potential discrimination in how banks and other financial institutions handle and market foreclosed homes.
June 24 -
A number of class-action lawsuits allege that investment advisers breached fiduciary duty by failing to recommend the least expensive products. But both trust law and investment theory acknowledge that responsible advisers take other factors into consideration.
June 24
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Bank of the Orient in San Francisco has received a federal cease-and-desist order because of shortcomings in its compliance with anti-money-laundering rules.
June 23 -
The case against Adrian Rubin offers a tour through lenders' efforts, dating back to the late 1990s, to avoid state-by-state interest-rate caps.
June 23 -
Just as U.S. regulators shy from labeling individual asset management firms as systemic, an international group of securities regulators is similarly abandoning a firm-by-firm approach.
June 23 -
New Jersey will soon have a new banking commissioner.
June 23 -
Risk-based premiums should apply to big banks as well as small ones. That's because the assessment would have an immediate impact on big banks' quarterly profits, thereby appropriately charging them for the competitive advantage and privilege afforded by their size.
June 23
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A top official who handles employee discrimination complaints at the Consumer Financial Protection Bureau is among the "whistle-blower" testifying before Congress on Thursday.
June 23





