Policy & Regulation

The former president and chief executive of Bank of Choice in Greeley, Colo., will pay $65,000 to investors to settle charges he violated registration and anti-fraud provisions of the Colorado Securities Act.

Federal Reserve Board Gov. Daniel Tarullo on Friday floated three ways policymakers could strengthen a set of proposed market-wide reforms for securities financing transactions.

A bipartisan group of lawmakers is urging regulators to strengthen their supplemental leverage ratio in order to help eliminate concerns over "too big to fail."

Retired Congressman Barney Frank, one of the architects of the Dodd-Frank financial reform law, called Friday for both stringent standards and lenient enforcement around the law's much-watched Volcker rule.

Tougher restrictions on job duties, zero tolerance from senior management and compensation structured around long-term incentives, among other things, will prevent the wrong people ending up in banking for the wrong reasons.

The House Financial Services chairman mocked his height and the partisan nature of the housing finance debate, while referencing everything from football great Johnny Manziel to McDonald's hamburgers.

Pacific City Financial (PFCF) in Los Angeles redeemed more than half the preferred stock it issued to the Treasury Department under the Troubled Asset Relief Program.

The two lenders are the largest issuers of deferred-interest credit cards and would be most affected by a CFPB crackdown on the product, a new report suggests.

Rather than simply continuing to absorb the losses from account takeover attacks, institutions should be reevaluating the effectiveness of their authentication methods and increase security to better prevent fraud.

Senate Majority Leader Harry Reid has finally made good on longstanding threats to alter chamber rules on executive nominations, likely paving the way for controversial White House nominees to win confirmation — including Rep. Mel Watt to head the Federal Housing Finance Agency.