While about 70 percent of independent investment advisors expect the S&P 500 to go up the next six months, 71 percent say they are somewhat or very concerned about the possibility of a downturn, accor...
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Sen. Ben Cardin (D-MD), a ranking member of the Senate Committee on Small Business & Entrepreneurship, is seeking continued funding support of the Minority Business Development Agency (MBDA). Cardi...
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A recent survey by the Federal Deposit Insurance Corp. (FDIC) found that the number of “unbanked” U.S. households reached its lowest level since 2009. The FDIC survey revealed that just 6.5 per...
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The Conference of State Bank Supervisors (CSBS) has filed suit against the Office of the Comptroller of the Currency (OCC) to prevent granting bank charters to nonbanks. “Common sense and the law...
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The Investment Company Institute (ICI) is encouraging the Securities and Exchange Commission (SEC) to create a summary shareholder report for investors. ICI, in a comment letter to the SEC, said an...
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On the heels of survey findings detailing inefficient cybersecurity supervisory examinations, the Financial Services Sector Coordinating Council (FSSCC) joined a group of trade associations in unveili...
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The Association of International Certified Professional Accountants (AICPA) is calling for international coordination to develop a solution to tax concerns raised by digital transactions. The AICPA...
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The U.S Labor Department introduced a proposal to expand access to employer-provided retirement plans to facilitate the formation of association retirement plans or multiple employer plans. Under t...
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National Association of Insurance Commissioners (NAIC) officials said South Carolina has become the 29th state to implement the State Based Systems (SBS), a suite of technology solutions. SBS provi...
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The Property Casualty Insurers Association of America (PCI) hosted a policy briefing in Washington, D.C., to discuss ways to insure the millions of families and businesses that are uninsured or underi...
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Recently released survey results revealed a vast majority of consumers are very satisfied or satisfied with their primary bank and rate customer service as excellent, very good or good. Work conduc...
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Capital One's latest Small Business Growth Index revealed that optimism among small business owners is the highest since the recession. The biannual survey of 500 small business owners found that ...
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The American Bankers Association (ABA) recently commissioned a survey that showed nearly three-quarters of consumers are choosing to access their bank accounts through online and mobile platforms. ...
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The National Venture Capital Association (NVCA) is recommending key changes to the Volcker Rule related to the definition of “covered funds.” The Volcker Rule was established as part of the Dod...
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Credit Union National Association (CUNA) officials said the organization supports the National Credit Union Administration (NCUA) board voted to approve a final risk-based capital rule. CUNA offici...
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The Independent Community Bankers of America (ICBA) applauded a group of Republican senators for urging the Treasury Department to revisit a rule implementing a 20 percent tax deduction for certain ba...
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The Securities and Exchange Commission (SEC) is imploring public companies to consider cyber threats when implementing internal accounting controls. SEC officials recently released details of an in...
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Fraudulent noncash payments increased sharply from 2012 to 2015, according to the latest Federal Reserve Payments Study data. Specifically, fraud related to noncash payments rose 37 percent from $...
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Property/casualty insurance companies saw their net income more than double to $34 billion in first-half 2018 compared to the same period in 2017 due in part to lower catastrophe losses. Other fact...
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Americans for Financial Reform and National Consumer Law Center officials recently joined other public interest groups in expressing opposition to proposals espousing reduced fintech regulatory measur...
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