Regulation

Community bankers have a chance to have our issues heard over the next few months on the national front.

Changes to expungement procedures have made it tougher for brokers to sanitize their records, but a continuing practice may help them avoid disclosing certain details that should be public.

Neither the questions nor the answers lived up the hype during the 90-minute public conference call hosted by investor Bruce Berkowitz.

Democrats and Republicans choose hard-liners as co-chairs of joint committee on deficit reduction, suggesting compromise may be hard to reach.

WASHINGTON — Federal regulators are seeking input on new options for selling foreclosure properties owned by the government sponsored enterprises and the Federal Housing Administration.

JPMorgan Chase & Co. Chairman and Chief Executive Jamie Dimon ruled out accepting any political appointment, and said Wednesday that while the economy is getting stronger, the recovery is "stuck." Dimon also strongly disagreed with assessments that the U.S. banking industry can't grow.

PIN-based authorizations should be made compulsory for all debit and credit smart card transactions at the point of sale instead of allowing cardholder signatures to authorize transactions, a Reserve Bank of India committee is recommending.

Subprime credit card issuer First Premier Bank is suing the Federal Reserve Board and the Consumer Financial Protection Bureau over a new rule that would limit fees the issuer charges high-risk customers when opening card accounts.

Even though banks are being required by new rules to put stronger security in place for online banking, two thirds of bankers think they will never be able to get cyber crime under control, according to a Fundtech survey.

Three years after the crisis, the rules governing finance haven't changed enough to ward off fear and dread. But a giant reg coming from the Fed should bring enough clarity to prevent panic.