Regulation and compliance
Regulation
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Industry observers worry that the Dodd-Frank Act's Title II which gives the Federal Deposit Insurance Corp. authority to oversee the resolution of a complex financial institution could be the first thing under fire when the Trump administration undertakes financial reform.
December 12 -
While other banking laws may be headed to the chopping block, the Community Reinvestment Act can address the needs of communities defined by their economic struggles.
December 12 -
The focus of banks' sales practices should be less about unit-based incentives, and more about developing a full relationship with customers and doing what's in their best interest.
December 12 -
Federal banking regulators are dismissing claims that they are pressuring banks to cut ties with payday lenders, arguing that the lenders' recent request for a court order against the agencies rests on erroneous speculation and bad legal arguments.
December 9 -
After news of possible reductions in withdrawl limits, casino stocks suffered steep losses.
December 9 -
WASHINGTON Gary Cohn, president and chief operating officer at Goldman Sachs, has been offered the job of director of the National Economic Council in the Trump administration, several news outlets reported Friday.
December 9 -
Despite gains for the legalization effort in the November election, the disconnect between federal and state law preserves uncertainty for banks catering to pot businesses.
December 9 -
The new chairman of Republic First was famously ousted from Commerce Bancorp because of conflict-of-interest concerns years ago. His new bank uses some Hill-related companies for marketing and other services but says that it has structured the relationship in a way that passes muster with regulators.
December 8 -
Already defending itself against a suit challenging its member business lending rule, the credit union regulator now must grapple with a challenge to field of membership regulations. Some observers suggest the scope of the legal is unprecedented.
December 8 -
WASHINGTON The political independence of the Consumer Financial Protection Bureau may end not with a bang after a protracted battle in Congress but with a whimper, the victim of a bureaucratic rule that prevents the agency from appealing a pending court case to the Supreme Court.
December 8 -
WASHINGTON The Federal Reserve Board is slated to vote next week on a final rule meant to help regulators recapitalize a major U.S. bank if it should run aground, one of the last significant capital regulations that the agencies have yet to complete.
December 8 -
Sen. Jeff Sessions, R-Ala., President-elect Donald Trump's pick to head the Department of Justice, could play a key role in the fate of the agency.
December 8 -
The bank must make fundamental changes to avoid becoming the ultimate scapegoat for grievances about Wall Street's biggest banks.
December 8 -
Legacy systems will be pressured in the year ahead to keep ahead of e-commerce, international regulations and other emerging risks.
December 8 -
Customers Bancorp of Wyomissing, Pa., has entered into a cease-and-desist order with the Federal Reserve related to the student disbursements business it bought from Higher One Holdings. It also agreed to pay a civil penalty of $960,000.
December 7 -
Rising interest rates are a near certainty, analysts say, but plenty of unknowns remain, including how populist movements in Europe might impact the global economic picture.
December 7 -
Banking and credit union trade groups are urging Congress to consider repealing any upcoming Consumer Financial Protection Bureau rules governing arbitration, payday lending, debt collection and prepaid cards by using its authority under the Congressional Review Act.
December 7 -
Banking and credit union trade groups are urging Congress to consider repealing any upcoming Consumer Financial Protection Bureau rules governing arbitration, payday lending, debt collection and prepaid cards by using its authority under the Congressional Review Act.
December 7 -
The American Bankers Association has filed a lawsuit against the National Credit Union Administration, arguing that the regulator's new field-of-membership rule go too far.
December 7 -
As expected, the American Bankers Association has filed a legal challenge against the credit union regulators recent overhaul of FOM rules, even as the agency is working on additional reforms.
December 7





