Credit Union National Association (CUNA) is partnering with the Illinois and Wisconsin Credit Union Leagues to fight a lawsuit against a credit union related to the Americans with Disabilities Act (AD...
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A group of insurance industry organizations recently released a joint statement regarding the status of the National Flood Insurance Program (NFIP) in the wake of the ongoing government shutdown. T...
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The Financial Industry Regulatory Authority (FINRA) fined Morgan Stanley Smith Barney $10 million for supervisory failures related to its anti-money laundering (AML) program. FINRA found that Morga...
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The Public Company Accounting Oversight Board (PCAOB) has adopted guidelines regarding accounting estimate auditing and requirements that apply when auditors use the work of specialists in an audit. ...
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The Securities and Exchange Commission's (SEC) Office of Compliance Inspections and Examinations (OCIE) will focus its priorities in 2019 on digital assets, cybersecurity, and matters of importance to...
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Federal Reserve System, Federal Deposit Insurance Corporation, and Office of the Comptroller of the Currency officials are proposing changes as a means of updating management interlock rules. The a...
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The Consumer Bankers Association (CBA) said federal financial regulators need to ensure that consumers know the differences in protections between regulated banks and non-bank financial institutions. ...
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The Government Accountability Office (GAO) recently issued recommendations to the Bureau of Consumer Financial Protection (BCFP) and banking regulators regarding fintech underwriting data use and fair...
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The Federal Deposit Insurance Corporation’s (FDIC) plan to review its brokered deposit rules and get feedback from the public drew support from the American Bankers Association (ABA). ABA said th...
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The Securities and Exchange Commission (SEC) published Tuesday a request for comment soliciting input from reporting companies regarding the nature, content, and timing of earnings releases and quarte...
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The Bank of New York Mellon will pay more than $54 million to settle charges with the Securities and Exchange Commission for the improper handling of “pre-released” American Depositary Receipts (A...
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The American Institute of CPAs (AICPA) recently released findings from its Personal Financial Planning Trends Survey, which examined a series of post tax reform adjustments potentially useful to consu...
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The Insured Retirement Institute’s (IRI) State of the Insured Retirement Industry report maintains improving sales, advancement of favorable legislation and demographic trends are positively impacti...
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The Independent Community Bankers of America (ICBA) voiced its support for a real-time payment system developed and operated by the Federal Reserve. ICBA argues that leadership by the Federal Rese...
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In February, a trio of financial agencies will sponsor an open forum for municipal advisory industry professionals to discuss regulatory and compliance issues with regulators. Securities and Exchan...
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The National Credit Union Administration (NCUA) Board voted to return to its former practice of conducting three-year rolling reviews of its regulations. This change is based on recommendations mad...
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Three Houston-area developers charged with misusing almost $50 million in investor funds raised from 90 Chinese investors have agreed to settle, reported the Securities and Exchange Commission (SEC). ...
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The recently released Claes Fornell International (CFI) Group's Credit Union Satisfaction Index (CUSI) revealed an 86 measured on a 0-100 scale. CUSI is calculated based on feedback from a panel of...
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The Commodity Futures Trading Commission (CFTC) is seeking feedback from the public and stakeholders on virtual currencies beyond Bitcoin. The feedback will better inform the Commission’s underst...
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President Donald Trump recently announced his intent to nominate individuals for a series of positions, including two within the Federal Housing Finance Agency and Commodity Futures Trading Commission...
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