President Donald Trump signed into law on Tuesday legislation that repeals a Securities and Exchange Commission rule requiring American energy companies to disclose payments made to foreign government...
Read More
Tax reform, regulatory modernization, and changes to the Consumer Financial Protection Bureau are among the 2017 legislative priorities of the Financial Services Roundtable (FSR). “FSR’s membe...
Read More
The Bankers Association for Finance and Trade (BAFT) published this week a guidance paper, which provides clarity on sanction requirements for transactions related to the shipment of goods. The pap...
Read More
The Consumer Bankers Association (CBA) elected Carl Liebert, executive vice president and chief operating officer of the United Services Automobile Association (USAA), to its board of directors. ...
Read More
Millennials are taking a greater role in financial planning among high-net-worth (HNW) families, according to a new advisor poll conducted by Key Private Bank, the wealth management arm of KeyCorp. ...
Read More
U.S. Sen. Mike Rounds (R-SD) reintroduced a bill to require federal regulatory agencies to consider risk profiles and business models of financial institutions when drafting regulations. The Taking...
Read More
As the 115th Congress gets underway, the Regional Bank Coalition is calling for comprehensive regulatory reform with a focus on retooling the Dodd-Frank Act’s definition of systemically risky banks ...
Read More
The American Bankers Association (ABA) and Washington Federal filed a lawsuit against the U.S. government last week alleging it violated contracts with Federal Reserve member banks by reducing dividen...
Read More
Sens. Cory Gardner (R-CO) and Chris Coons (D-DE) introduced legislation last week that would reduce fees and increase maximums on loans for small manufacturers through the Small Business Administratio...
Read More
The Financial Industry Regulatory Authority (FINRA) promoted Marcia Asquith to executive vice president, Board and External Relations and Jennifer Piorko Mitchell to vice president, Corporate Governan...
Read More
Congressional resolutions to roll back a Labor Department rule that exempts municipal retirement programs from the Employee Retirement Income Security Act (ERISA) drew support from the Investment Comp...
Read More
The Financial Industry Regulatory Authority (FINRA) has acted on 35 of the 51 recommendations made by the FINRA Dispute Resolution Task Force in December 2015, according to a status report released la...
Read More
Rep. Joyce Beatty (D-OH) introduced the Housing Financial Literacy Act of 2017 last week, a bill designed to increase first-time homebuyers’ financial knowledge and reduce mortgage payments. Fir...
Read More
Various retail trade associations are urging Congress not to repeal debit card swipe fee reforms. More than 60 representatives from the Food Marketing Institute, Merchant Advisory Group, National ...
Read More
The Illinois Department of Financial and Professional Regulation (IDFPR) has launched a new program for its licensed currency exchanges that seeks to mitigate risk and improve efficiency. The progr...
Read More
The American Bankers Association (ABA) has endorsed Easy Solutions as its recommended anti-phishing and digital threat protection solution for ABA members. The Miami-based company was endorsed afte...
Read More
Reps. Ed Royce (R-CA), Kyrsten Sinema (D-AZ), and Terri Sewell (D-AL) introduced the legislation that would allow Fannie Mae and Freddie Mac to consider alternative credit scoring models when making m...
Read More
A bill that would foster the publishing of research on exchange traded funds (ETFs) was reintroduced in the U.S. House of Representatives by Reps. French Hill (R-AR) and Bill Foster (D-IL). The Fai...
Read More
Businesses in the Long Island region of New York are optimistic about the prospects for economic growth in their region, according to the Albrecht, Viggiano, Zureck & Company, P.C. (AVZ) 23rd Annu...
Read More
House Financial Services Chairman Jeb Hensarling (R-TX) has proposed changes to the Financial Choice Act that would restructure the Consumer Financial Protection Bureau and further roll back Dodd-Fran...
Read More