ACLI supports retirement enhancement measure

By Douglas Clark  |   December 15, 2017   |   Federal

The American Council of Life Insurers (ACLI) commended this week a bill designed to bolster retirement financial security. ACLI President and CEO Dirk Kempthorne said the Increasing Access to a Sec...

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SEC appoints PCAOB chairman, members

By Douglas Clark  |   December 14, 2017   |   Federal

The Securities and Exchange Commission (SEC) announced this week the appointment of a new chairman and members of the Public Company Accounting Oversight Board (PCAOB). Officials said William D. Du...

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Banking license renewals on rise

By Douglas Clark  |   December 14, 2017   |   Federal

The Conference of State Bank Supervisors (CSBS) has announced banking license renewal requests are on the rise. Officials said state regulators have approved roughly 337,000 license renewal request...

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FHA reveals new loan limits

By Douglas Clark  |   December 12, 2017   |   Federal

The Federal Housing Administration (FHA) announced last week its new schedule of 2018 loan limits, with most areas in the country expected to experience an increase in the coming year. The FHA is r...

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ACLI urges passage of insurance reform measure

By Douglas Clark  |   December 12, 2017   |   Federal

The American Council of Life Insurers (ACLI) recently voiced support for a bill the organization said is designed to avoid duplication in regulating the insurance industry. ACLI officials maintain ...

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Consumer credit increases 6.5 percent in October

By Dave Kovaleski  |   December 12, 2017   |   Industry

Consumer credit rose 6.5 percent in October, the fastest year-over-year growth pace seen since last November, according to the Federal Reserve. The growth was led by revolving credit, which rose 9....

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US banking agencies support Basel III reforms

By Dave Kovaleski  |   December 11, 2017   |   Federal

The federal banking agencies in the United States said last week that they support efforts to reform Basel III international bank capital standards. The reforms were finalized last week by the Bas...

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