The Federal Reserve Board has detailed final guidelines establishing transparency and factors for Reserve Banks in reviewing Federal Reserve accounts and payment services access requests. "The new ...
Read More
(Updates with statement from Lombard) Senate Finance Committee Chair Ron Wyden (D-OR) launched Monday an investigation into the use of private placement life insurance by the wealthy to avoid and e...
Read More
The Commodity Futures Trading Commission (CFTC) recently issued a final rule modifying its interest rate swap clearing requirement regarding London Interbank Offered Rate (LIBOR). The action, issue...
Read More
The Federal Trade Commission (FTC) is initiating an effort to garner public comment regarding commercial data collection and use as a means of determining potential new regulations. “Firms now co...
Read More
Senate Finance Chair Ron Wyden (D-OR) recently joined 13 colleagues in detailing the Taxing Big Oil Profiteers Act, which seeks to address oil company profiteering. “Our broken tax code is workin...
Read More
A group of lawmakers recently forwarded correspondence to the Securities and Exchange Commission (SEC), supporting a proposed SEC rule regarding 10b5-1 plans addressing corporate executives’ safe ha...
Read More
U.S. Sens. Elizabeth Warren (D-MA) and Ben Ray Luján (D-NM) recently forwarded correspondence to U.S. Department of Justice (DOJ) personnel, encouraging the agency to use authority to ban corporation...
Read More
The Consumer Financial Protection Bureau (CFPB) recently confirmed in a circular that financial companies might violate federal consumer financial protection law when failing to safeguard consumer dat...
Read More
The Federal Housing Finance Agency (FHFA) notes that Fannie Mae and Freddie Mac will require mortgage lenders and servicers to transmit fair lending information to servicers with other loan informatio...
Read More
Credit Union National Association (CUNA) officials are advocating that the Treasury Department consider a comprehensive digit assets framework that would enhance adoption efforts. “Credit unions ...
Read More