GAO examines financial company bankruptcies

By Douglas Clark  |   December 12, 2018   |   Federal

The Government Accountability Office (GAO) recently conducted a review regarding large bank strategies for entering bankruptcy, if needed, and addressing related legal and financial obstacles. Afte...

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Legislation targets unsolicited predatory loans

By Douglas Clark  |   December 12, 2018   |   Featured

Sens. Tom Cotton (R-AR), Doug Jones (D-AL) and Jeff Merkley (D-OR) recently introduced a measure designed to halt the predatory practice of sending high-interest loans to consumers in the form of live...

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CFPB report examines credit accessibility

By Douglas Clark  |   December 7, 2018   |   Featured

The Consumer Financial Protection Bureau (CFPB) released a report Tuesday determining that credit access is key to consumer and small business economic mobility and prosperity. CFPB officials said ...

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Report examines banking system key risks

By Douglas Clark  |   December 5, 2018   |   Industry

A report released by the Office of the Comptroller of the Currency (OCC) recently maintained that credit, operational, compliance and interest rate risks are key themes for the federal banking system....

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OCC will reduce assessments on banks in 2019

By Dave Kovaleski  |   December 4, 2018   |   Featured

The Office of the Comptroller of the Currency (OCC) announce Friday that it will reduce assessments on national banks, federal savings associations, and federal branches and agencies of foreign banks ...

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SEC guidelines address investment funds research

By Douglas Clark  |   December 4, 2018   |   Federal

The Securities and Exchange Commission (SEC) adopted Friday guidelines promoting research on mutual funds, exchange‑traded funds, registered closed-end funds, business development companies, and sim...

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