The Credit Union National Association (CUNA) is encouraging the Bureau of Consumer Financial Protection (BCFP) to focus on regulatory changes required under the Economic Growth, Regulatory Relief and ...
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A proposal by the Federal Reserve Board and Office of the Comptroller of the Currency to reduce the enhanced supplementary leverage ratio requirement for large banks was blasted by the Conference of S...
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The U.S. House of Representatives overwhelmingly advanced legislation Tuesday that updates the Committee on Foreign Investment in the United States (CFIUS) in its ability to improve the foreign invest...
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The House Subcommittee on Financial Institutions and Consumer Credit recently examined the nuances of de-risking, which is the process of terminating relationships deemed high risk to minimize complia...
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Wells Fargo Advisors was hit with a $4 million penalty, plus reimbursements, by the Securities and Exchange Commission (SEC) for misconduct in the sale of financial products known as market-linked inv...
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The Consumer Bankers Association (CBA) offered Monday feedback on requests for information regarding inherited regulations and new rulemaking authorities. The submission stems from the Consumer Fin...
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The Consumer Bankers Association (CBA) applauded the passage of a bill to increase the Small Business Administration’s (SBA) 7(a) loan program’s maximum lending authority during periods of high de...
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The Independent Community Bankers of America (ICBA) are supporting swift implementation of short-form call report revisions via the Economic Growth, Regulatory Relief and Consumer Protection Act. I...
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The results of the Federal Reserve Board’s supervisory stress tests show that the nation's largest banks are strongly capitalized and would be able to lend to households and businesses during a seve...
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The House Financial Services Committee approved last week three bills targeting improved capital markets while increasing investment opportunities. The Modernizing Disclosures for Investors Act req...
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The challenges that law enforcement agencies face in addressing the illicit funding potential of virtual currencies was explored at a hearing held by the House Subcommittee on Terrorism and Illicit Fi...
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The Independent Community Bankers of America (ICBA) is supporting congressional correspondence to the Justice Department, seeking clarity on website accessibility under the Americans with Disabilities...
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The average expense ratio paid by 401(k) plan participants dropped in 2017, according to a new report from the Investment Company Institute (ICI). The report, entitled “The Economics of Providing...
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The House Financial Services Committee is standing in support of Kathy Kraninger’s nomination to head the Bureau of Consumer Financial Protection Bureau (CFPB) on Monday. “The Bureau has an imp...
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The Independent Community Bankers of America (ICBA) applauded a proposal by the Federal Housing Finance Agency (FHFA) to issue new capital rules for Fannie Mae and Freddie Mac. FHFA suspended regul...
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Rep. Maxine Waters (D-CA), ranking member of the House Committee on Financial Services, introduced Monday a bill designed to bolster aid to homeowners facing foreclosure. Waters said the Homeowner ...
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The Financial Industry Regulatory Authority (FINRA) announced last week an initiative to overhaul its registration and disclosure programs, including the Central Registration Depository (CRD), which i...
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Three financial agencies issued last week the host state loan-to-deposit ratios used to determine compliance with a segment of the Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994. ...
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The Federal Reserve Board approved a rule last week to prevent concentrations of risk between large banking organizations and their counterparties. Too much exposure between the largest financial ...
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The Financial Services Committee recently advanced four measures that address market stability and security to the financing of illicit activities. The Options Markets Stability Act requires regula...
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