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Focusing regulatory reforms on risk-based activities is a more effective approach to weeding out potential systemic threats.
June 28
Investment Company Institute -
The results clear the way for bigger dividends and stock buybacks at big banks; State Street agreed to pay $88 million to settle claims it overcharged clients.
June 28 -
A court decision brings much needed clarity to the complex world of money transmitter licensing by holding that the transmission of information alone is not engaging in the business of money transmission under Pennsylvania law, writes Anita Boomstein, a partner with Manatt, Phelps & Phillips, LLP.
June 28
Manatt, Phelps & Phillips, LLP -
The accounting rules group is weighing whether to consolidate and push back deadlines for smaller firms to comply with credit-loss accounting change in light of concerns they will not be ready.
June 27 -
In a year where most of the 18 institutions taking the second round of the Federal Reserve's stress tests showed improvements over last year, JPMorgan Chase and Capital One were both forced to adjust their capital plans in order to meet the central bank's minimum thresholds.
June 27 -
The legislation, which passed a key test in the state Senate on Wednesday, is the product of a compromise between consumer advocates and some lenders.
June 27 -
The FDIC's new complex institution supervision and resolution division will be operational July 21.
June 27 -
A recent proposal by the Financial Stability Oversight Council to focus less on certain nonbank firms and more on risk activities would create unintended economic harm.
June 27
NYU Stern School of Business -
Lending to companies with heavy debt loads is a growing business — one that many fear could lead to the next financial crisis.
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A group of Senate Democrats have called on HUD Secretary Ben Carson to reverse his agency’s opinion that borrowers in the Deferred Action for Childhood Arrivals program are ineligible for FHA loans.
June 26






