Law and regulation

The Consumer Financial Protection Bureau, Federal Trade Commission and Department of Justice filed a joint Supreme Court amicus brief related to consumers' FDCPA rights.

We don't need and shouldn't have one-size-fits-all regulatory policies. Community banks are different from their larger U.S. counterparts.

Ellie Mae's survey found that community banks still have some concerns about regulation and compliance costs. Still, they expect that a decline in competition could be good for overall business.

Banking policy wonks might want to disengage from their sober debate about vice presidential nominee's views on Dodd-Frank and GSEs and check out the social-media phenomenon that Ryan gags have become.

The Treasury Department will sell $381.5 million of preferred shares in M&T, paying the last of the Buffalo bank's Tarp tab.

As the banking industry and Wall Street gear up for the impending reforms under Dodd-Frank, it is wise to cast an eye toward the rules for trade reporting and clearing for over-the-counter derivatives, lest they catch you unaware.

Discover Financial Services is facing a new lawsuit over the marketing of its payment protection and other fee-based credit card products — this time from one of its own shareholders.

Lawsuits against collection agencies and creditors rose across the board in the latest half-month period. FDCPA lawsuits continue to lag behind last year's pace.

The vice president warned voters that the Republican presidential candidate wants to "let the big banks write their own rules again."

Restoring Glass-Steagall would be a palliative just like the Volcker rule: simple to say, hard to do. Even under the 1933 law, financial innovators blurred the lines between commercial and investment banking — almost from the very start.

Restoring Glass-Steagall would be "a palliative just like the Volcker rule: simple to say, hard to do," says consultant Allan Grody. Even under the 1933 law, he notes, financial innovators blurred the lines between commercial and investment banking - almost from the very start. The following are examples Grody cites in his forthcoming book Reengineering the Financial Corporation.Pictured: Sen. Carter Glass and Rep. Henry Steagall.

Last month, in its enforcement action against Capital One, the Consumer Financial Protection Bureau collected the first money going into the Civil Penalty Fund.

Pundits often criticize prepaid card providers for having high monthly fees, but the real market pressure is on the fees charged for ATM access. As it turns out, prepaid card users very much want to keep using cash — but they don't want to pay to get it.

Swiss banks are turning over thousands of employee names to U.S. authorities as they seek leniency for their alleged role in helping American clients evade taxes.

Standard Chartered was sued by victims of the 1983 Iran-sponsored terrorist bombing of U.S. Marine barracks in Lebanon over allegations the bank conspired with Iran to hide assets and evade a $2.7 billion default judgment.

The agency is working on a policy statement that would provide big banks and Republican critics of the FDIC's authority with more detail about how systemically important financial companies would be unwound.

The Office of the Comptroller of the Currency has lifted a regulatory order against Alaska Pacific Bancshares (AKPB) in Juneau.

In a speech looking back at the financial crisis, the Arizona Republican was also critical of the Obama Administration for housing initiatives that he portrayed as too timid.

Aspiring bank buyers including Scott Custer of Piedmont Community Bank Holdings believe that proposed capital rules could reduce pricing and premiums for sellers.

JPMorgan Chase, Barclays and UBS are among seven banks subpoenaed in New York and Connecticut's investigation into alleged manipulation of Libor, according to a person familiar with the matter and company filings.