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...
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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...
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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...
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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. â€...
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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. ...
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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...
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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 ...
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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...
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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...
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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...
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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...
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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...
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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...
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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 ...
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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...
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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...
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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...
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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...
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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...
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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...
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