The Securities Industry and Financial Markets Association (SIFMA) released a white paper that explores alternative ways to strengthen bilateral regulatory cooperation between rule-makers in different ...
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The Consumer Financial Protection Bureau (CFPB) recently outlined its method of periodically reviewing regulations under the Regulatory Flexibility Act (RFA) and requesting public input. The agency...
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Leadership on the Senate Committee on Banking, Housing and Urban Affairs is seeking information from Facebook on data privacy and a new payment system it plans to launch. “As the committee moves...
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The House Committee on Financial Services leadership has created a pair of task forces designed to focus solely on financial technology (Fintech) and artificial intelligence (AI). “As new technol...
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The House Financial Services Committee prepared a series of bills in a markup session last week that focus on financial technology, money laundering and illicit finance, job creation, and investor and...
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The Securities and Exchange Commission (SEC) has moved to amend the accelerated filer and large accelerated filer definitions as an effort to reduce the costs for certain lower revenue companies. ...
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The Credit Union National Association (CUNA) is urging Congressional lawmakers to create a national data privacy standard that applies to all businesses and entities that collect and house data. ...
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The Commodity Futures Trading Commission's (CFTC) Division of Enforcement (DOE) has published its first Enforcement Manual, which serves as a general reference in the investigation and prosecution of ...
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Reps. Roger Williams (R-TX) and Vicente Gonzalez (D-TX) are urging Securities and Exchange Commission (SEC) Chairman Jay Clayton to delay the implementation of the Current Expected Credit Loss (CECL) ...
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Consumer Financial Protection Bureau (CFPB) officials have initiated the process issuing a Notice of Proposed Rulemaking to implement the Fair Debt Collection Practices Act (FDCPA). The effort woul...
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The Consumer Bankers Association (CBA) is urging Congress to enact federal data security and breach notification standards to protect consumers better. Federal standards would be preferable to the ...
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Sens. Tim Scott (R-SC) and Doug Jones (D-AL) recently introduced legislation seeking to designate a state insurance commissioner as a voting member of the Financial Stability Oversight Council (FSOC)....
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The Securities and Exchange Commission (SEC) has proposed a rule to amend financial disclosure requirements for the acquisition and disposition of businesses. The proposed amendments are designed t...
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A group of lawmakers recently encouraged the Federal Trade Commission (FTC) and the Internal Revenue Service (IRS) to remove five tax preparation companies from the Free File program for low-income ta...
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The Consumer Financial Protection Bureau (CFPB) is proposing to raise the coverage thresholds for reporting data about mortgage loans and lines of credit. The CFPB’s notice of proposed rulemaking...
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Food Marketing Institute (FMI) and the National Grocers Association (NGA) members are advocating congressional approval of the Restoring Investment in Improvements Act, which would address tax reform ...
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The U.S. House of Representatives passed a bill this week that would create a Senior Investor Task Force at the Securities and Exchange Commission (SEC) to help stop financial predators from targeting...
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Credit card use continued to expand in the fourth quarter of 2018, according to the American Bankers Association’s (ABA) latest quarterly Credit Card Market Monitor. “Consumers continue to exhi...
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The Consumer Bankers Association (CBA) reached out to leaders of the Senate Banking Committee to discuss a variety of concerns related to banking regulations. In a letter to committee Chairman Mik...
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The Credit Union National Association (CUNA) is advocating room in the National Defense Authorization Act (NDAA) budget for military base credit union initiatives. CUNA President and CEO Jim Nussle...
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