Vanessa Countryman has been named acting secretary of the Securities and Exchange Commission (SEC). Countryman replaces Brent Fields, who is leaving the office on March 11 to accept a job as asso...
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Recent findings derived from a PNC Financial Services Group survey revealed sandwich generation members have been unable to build emergency savings and retirement balances due to supporting other fam...
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California Coast Credit Union will upgrade and modernize its digital banking user interface with new functionalities through a partnership with digital banking provider Kony DBX. Using Kony DBX...
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As a means of evaluating the effects of financial regulatory reforms on the provision of financing small and medium-sized enterprises (SMEs), the Financial Stability Board (FSB) is seeking stakeholde...
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Housing and Urban Development (HUD) officials said efforts to expand a Federal Housing Administration (FHA) pilot program will expedite the affordable housing tax credits funding process. The Low-...
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A group of lawmakers are seeking clarity with regard to the Federal Reserve's framework for consolidated supervision of large financial institutions. Sens. Thom Tillis (R-NC), Mike Crapo (R-ID), D...
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The Conference of State Bank Supervisors (CSBS) is seeking public comments as it begins to develop model regulations concerning state money transmission and payments. Specifically, the Request for...
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On the heels of recently released survey findings determining student loans should carry clear, plain-language disclosures about the total costs, the Consumer Bankers Association (CBA) is advocating ...
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The Securities and Exchange Commission (SEC) is exploring an expansion of the test-the-waters accommodation to all issuers, including investment company issuers. Officials said the action would pe...
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The Financial Industry Regulatory Authority (FINRA) launched a self-reporting initiative to compensate harmed investors and promote compliance among companies with the rules related to 529 savings pl...
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Sens. Susan Collins (R-ME) and Angus King (I-ME) recently composed legislation designed to aid Americans in addressing student loan debt. The Employer Participation in Repayment Act would enable e...
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The House Subcommittee on Consumer Protection and Financial Institutions held a hearing last week on issues related to providing access to banking services for cannabis-related businesses. The he...
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The Financial Industry Regulatory Authority (FINRA) has offered a detailed review of effective information-security controls at securities firms via its Report on Selected Cybersecurity Practices - 2...
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Sen. Marco Rubio (R- FL) released a new report on the need for American innovation to bolster the U.S. economy. The report, called “Made in China 2025 and the Future of American Industry,” cit...
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Sens. Mark R. Warner (D-VA) and John Thune (R-SD) have crafted a measure designed to aid Americans in addressing student loan debt. The Employer Participation in Repayment Act would enable employer...
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Federal regulatory agencies issued a final rule to implement the Biggert-Waters Flood Insurance Reform Act of 2012, which sets policies for private flood insurance as well as the National Flood Insura...
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Sen. Maxine Waters (D-CA) recently forwarded correspondence to Patrick McHenry (R-NC), ranking member of the House Financial Services Committee expressing optimism about potential accomplishments. ...
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Top congressional Democrats are asking Comptroller General Gene Dodaro to request that the Government Accountability Office (GAO) analyze the impact of the 35-day federal government shutdown on small ...
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Sens. Ron Wyden (D-OR) and Roy Blunt (R-MO) recently introduced a measure designed to ensure continued growth of the nation's craft beverage industry. The Craft Beverage Modernization and Tax Refor...
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The American Council of Life Insurers (ACLI) voiced its support for the Retirement Enhancement and Savings Act (RESA), a bill designed to increase opportunities for people to participate in employer...
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