Regulation

As the Republican convention kicks into high gear this week, don't expect the headliners to spend much time discussing the Dodd-Frank Act, much less its specific parts.

Thrift holding companies, industrial loan companies and other limited-charter financial institutions will be subject to a rule, mandated by Dodd-Frank, that will require parent companies to act as a "source of strength."

The Office of the Comptroller of the Currency has issued an enforcement order against Citizens First National Bank that requires the Princeton, Ill., bank to become adequately capitalized or sell itself.

Most of the program's participants are increasing business loans, though some are having to reduce lending rates to book the best loans.

Securities and Exchange Commission Chairman Mary Schapiro may have lost the first round in her push to reform the $2.6 trillion money market mutual fund industry, but the fight has only just begun.

The Dodd-Frank Act gives the Securities Investor Protection Corp. a new role in unwinding failed financial companies.

With credit quality still improving in corporate loans shared by multiple banks, the financial industry produced the first increase in shared credits in three years. Yet deterioration is still higher than norms.

The regulatory risk from Basel III, Dodd-Frank and other pressures will keep banks from growing, and the economy can't grow, if banks don't.

The Federal Reserve Board said Monday it is considering offering certain smaller-sized financial institutions more time before they have to undergo an annual stress test.

Prospects for the Visa/MasterCard antitrust settlement received another jolt last week when the Retail Industry Leaders Association weighed in against the terms, joining other influential opponents of the landmark deal.