Regulation

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The Dodd-Frank Act, sold to the public as the tamer of the Wall Street titans, may well end up having a disproportionate impact on smaller institutions, thanks to the costs of capital implications of being "not too big to fail" and the advent of the CFPB, writes Cato's Louise Bennetts.

You might have missed it, but there was big news last week—and we aren’t just talking about the delay on Basel III implementation. The election dominated the week for obvious reasons but other news was also critical. Following is our list of the most important stories in Washington during the past week:

Coinciding with the Veterans Day holiday, mortgage-settlement monitor Joseph A. Smith invited members of the military and veterans to report their complaints of abuses by mortgage servicers.

There's going to be significant overturn on the House Financial Services Committee next year, thanks to a number of retirements and several lost races.

Accretive Health Inc.'s chairman and CEO should be dismissed because of stock losses resulting from the use of tactics to collect money from hospital patients, according to an investor lawsuit.

A section of Dodd-Frank tells regulators not to rely on the credit agencies, so an OCC rule that goes into effect in January says banks can't use thos ratings to prove the value of their investments. The bank have to use some other source or do their own analysis. That could get costly.

Banks shouldn't go to extremes to make up for declining earnings, Comptroller of the Currency Thomas Curry said Friday.

A federal judge granted preliminary approval Friday to the proposed settlement of a massive lawsuit brought by retailers against Visa, MasterCard and banks that issue their cards.

The Federal Reserve Board on Friday issued detailed instructions to financial institutions ahead of the upcoming stress testing exercise that begins next week.