Regulation

"The Sarbanes-Oxley Act of 2002 included a provision protecting whistleblowers at publicly traded companies from retaliation. Dodd-Frank spelled out that the provision also protects employees of wholly owned subsidiaries of public companies. The question remained, however, whether that protection applies retroactively,” writes law.com.

Settlement with San Francisco bank is second-largest fair-lending case following Justice Department's deal with Countrywide last year.

The only beneficiary of this well-intended but misguided regulation appears to be a small group of lawyers bringing costly lawsuits.

When smaller financial institutions, such as credit unions, are inundated with regulations from multiple agencies simultaneously, their ability to meet the needs of members is hampered and services are curtailed.

Banks are allowed to pass on costs related to FDIC premiums, but the agency is warning the industry that expressly designating an 'FDIC fee' has consequences.

How ironic to see banks complain about being victimized by nuisance lawsuits filed by consumers over missing warning notices at ATMs – notices that were required to stop banks from victimizing consumers with nuisance charges at ATMs.

San Bernardino County is weighing a controversial plan to use eminent domain to modify underwater mortgages, even as the county’s largest city seeks bankruptcy.

A fraud case that contributed to the recent failure of Montgomery Bank in Georgia could lead to more regulatory scrutiny when community banks look for outside investors.

The Pennsylvania Attorney General's Office has secured a judgment against Michael J. Covatto, the former president of defunct collection agency Unicredit America Inc., that means he will owe money to the state and possibly Unicredit's former debtors.

The qualified mortgage definition was the topic of a House subcommittee hearing on Wednesday, part of a six-hearing campaign by Republicans challenging Dodd-Frank.