The Federal Deposit Insurance Corporation (FDIC) proposed a rule that would implement a special assessment to recover costs associated with protecting uninsured depositors following the closures of Si...
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The Federal Housing Finance Agency (FHFA) has rescinded the upfront fees based on the borrowers' debt-to-income (DTI) ratios for loans acquired by Fannie Mae and Freddie Mac. This follows an annou...
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The International Swaps and Derivatives Association (ISDA) published a white paper this week that examines the role of derivatives in energy security. The paper – titled Energy Security and the R...
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A group of banking and financial services organizations have taken issue with a rule proposed by the Securities and Exchange Commission (SEC) that would expand the reach of the custody rule. The pr...
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The Securities and Exchange Commission (SEC) has charged Pinnacle Advisors for aiding and abetting liquidity rule violations by a mutual fund it advised and whose liquidity risk management program the...
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A group of Congressional lawmakers are calling on the Federal Reserve to pause interest rate hikes. Last week, the Federal Reserve voted to raise interest rates by 25 basis points, the 10th straigh...
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U.S. Sens. Tim Scott (R-SC) and Brian Schatz (D-HI) introduced legislation this week that seeks to protect those living in flood-prone communities. The Repeatedly Flooded Communities Preparation A...
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U.S. Sens. Tim Scott (R-SC) and John Thune (R-SD) are among a group of lawmakers expressing concerns over efforts by the Federal Insurance Office to bring environmental, social, and governance (ESG) s...
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Following the recent bank failures, the Federal Deposit Insurance Corporation (FDIC) released an overview of the deposit insurance system and options for reform. The report, called Options for Depo...
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The Federal Deposit Insurance Corporation (FDIC) released the results of an internal review of New York-based Signature Bank, which failed in March. The review, conducted by chief risk officer Mars...
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