Regulatory agencies have created a forum for municipal advisory industry professionals to discuss compliance practices with regulators. The open forum will be held at the Securities and Exchange Co...
Read More
The Mortgage Industry Standards Maintenance Organization (MISMO) is looking for feedback from mortgage industry professionals on developing new electronic and online notary standards and best practice...
Read More
Oversight of the Financial Industry Regulatory Authority (FINRA) was the subject of a House subcommittee hearing held last week. The Subcommittee on Capital Markets, Securities, and Investment exam...
Read More
The Nationwide Multistate Licensing System (NMLS), the core technology platform used by state bank regulators, is undergoing a major redesign by the group that runs it, the Conference of State Bank Su...
Read More
Sen. Johnny Isakson (R-GA) and Rep. John Larson (D-CT) were presented with the 2017 Financial Security & Life Insurance Caucus Freedom & Dignity Awards by the American Council of Life Insurers (ACLI) ...
Read More
More than two dozen lawmakers from the House and Senate are scheduled to speak this week at the National Association of Federally-Insured Credit Union’s (NAFCU) 2017 Congressional Caucus. The ass...
Read More
At a hearing held by the Financial Institutions and Consumer Credit Subcommittee, witnesses discussed a proposal by Rep. Ed Royce (R-CA) to protect and bolster consumer access to credit. Royce’s ...
Read More
The House Financial Institutions and Consumer Credit Subcommittee met last week to discuss several bills aimed at improving the regulatory environment, including one that would change the asset thresh...
Read More
The House Small Business Committee held a hearing last week to examine how the federal permitting process burdens businesses, particularly small businesses. The expert witnesses provided testimony ...
Read More
The U.S. House of Representatives recently advanced the SELF DRIVE Act, which encourages and fosters the safe testing, development, and deployment of self-driving cars in the United States. The bil...
Read More
The Federal Reserve recently published a paper identifying tactics it will pursue to help improve the speed, safety, and efficiency of the U.S. payment system. The paper, Strategies for Improving t...
Read More
Recognizing the serious impact of Hurricane Irma on the customers and operations of many financial institutions as well as federal and state regulators said they and will provide regulatory relief and...
Read More
The National Credit Union Administration (NCUA) provided more than $1.8 million in grants to help 251 low-income credit unions expand digital services to underserved communities, provide leadership tr...
Read More
The Mortgage Industry Standards Maintenance Organization (MISMO) is developing new mortgage closing instruction standards and is seeking industry input on how to do it. Currently, there is no stan...
Read More
The U.S. House of Representatives advanced a bill this week that would rein in asset forfeiture abuse by the Internal Revenue Service (IRS) in structuring cases. The Clyde-Hirsch-Sowers Restraining...
Read More
U.S. Reps. Patrick Meehan (R-PA) and Donald Norcross (D-NJ) recently called on Congress to pass legislation they introduced that will allow workers in apprenticeship programs to use funds from 529 pla...
Read More
A bill introduced by U.S. Reps. Randy Hultgren (R-IL) and Maxine Waters (D-CA) that permits the independent member with insurance expertise to continue serving on the Financial Stability Oversight Cou...
Read More
The Federal Emergency Management Agency’s (FEMA) National Flood Insurance Program (NFIP) is speeding up the flood insurance claims process and extending the grace period for paying policy renewal pr...
Read More
The Independent Community Bankers of America (ICBA) is urging a strong and timely legislative response to Hurricane Harvey from Congress while recommending ways lawmakers can help community banks assi...
Read More
The Federal Reserve Board adopted a final rule requiring U.S. global systemically important banking institutions (GSIBs) to amend qualified financial contracts to prevent their immediate termination i...
Read More