Regulation and compliance
Regulation
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The Consumer Financial Protection Bureau is set on Thursday to issue a proposal that would ban the use of arbitration clauses that prevent consumers from bringing class action lawsuits. The proposal on arbitration is a major setback for the financial services industry, which will face potentially higher expenses to defend lawsuits.
May 5 -
The Treasury Department will release a white paper next week outlining "research and recommendations' related to marketplace lending as a capstone to its nearly yearlong inquiry into the fast-growing industry.
May 4 -
With agencies created by the Dodd-Frank Act embroiled in court battles and continued questions dealing with "too big to fail," can anyone honestly say the reform law is working?
May 4 -
Just six months out from the general election, presumptive Republican presidential nominee Donald Trump's positions on financial issues remain a complete mystery aside from a general pledge to roll back the Dodd-Frank Act.
May 4 -
Just six months out from the general election, presumptive Republican presidential nominee Donald Trumps positions on banking issues remain a complete mystery aside from a general pledge to roll back the Dodd-Frank Act.
May 4 -
The Consumer Financial Protection Bureau is expected to issue a proposal Thursday that would limit the use of arbitration clauses on millions of financial contracts from cellphones to credit cards to checking accounts. Here are key areas to look at when the plan is released.
May 3 -
De-risking can be curbed with tools that help lower the cost of complying with anti-money-laundering rules but do not sacrifice the effectiveness of controls.
May 3 -
The Consumer Financial Protection Bureau is expected to issue a proposal Thursday that would limit the use of arbitration clauses on millions of financial contracts from cellphones to credit cards to checking accounts. Here are key areas to look at when the plan is released.
May 3 -
NCUA will host a listening session on May 25 at 2 p.m. EST to garner input regarding its Minority Depository Institutions Preservation (MDIP) Program.
May 3 -
A federal appeals court case challenging the constitutionality of the Consumer Financial Protection Bureau is raising concerns that if the agency loses, it could open the floodgates for a flurry of other lawsuits against the CFPB.
May 3 -
American Express Co. shareholders rejected a proposal that would have pressed the credit-card issuer to name an independent board chairman by a narrower margin than a year earlier.
May 3 -
WASHINGTON Financial regulators are proposing changes to their standards for evaluating institutions' compliance with consumer protection rules to account for the evolution in supervisory approaches since the standards were adopted in 1980.
May 3 -
Rick Metsger becomes ninth head of National Credit Union Administration's now two-member board of directors.
May 2 -
Regulators cited a slew of technical concerns in their response to megabanks' living wills, but the technological, logistical and legal flaws they found appeared to center around a single issue: liquidity.
May 2 -
In a speech Sunday, Federal Reserve Bank of New York President William Dudley gave credence to concerns that post-crisis regulatory reforms may have dried up liquidity in the Treasury and corporate bond markets, but said more examination is needed to guide effective policy.
May 2 -
The state of Delaware is looking to avoid prescriptive regulations when it comes to supervising blockhain companies, but instead be mindful of how the industry actually works, Gov. Jack Markell said Monday.
May 2 -
Servicing rights are high-yielding assets, making them attractive investments for hedge funds, real estate investment trusts and banks.
May 2 -
Even if the Financial Stability Oversight Council fixes flaws in its process for designating "systemically important" companies, that doesnt solve everything the council needs to achieve its mission.
May 2 -
Many organizations handling payment card data do not have the technology in place to simplify the complex process of compiling quarterly testing results now required by the Payment Card Industry data security standards.
May 2 -
WASHINGTON Financial regulators are proposing changes to their standards for evaluating institutions compliance with consumer protection rules to account for the evolution in supervisory approaches since the standards were adopted in 1980.
April 29


