The U.S. Securities and Exchange Commission (SEC) recently outlined charges against Ernst & Young LLP, alleging the audit firms' professionals cheated on exams required to obtain and maintain Certifie...
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The Consumer Financial Protection Bureau (CFPB) issued a rule affirming the ability of states to establish their own fair credit reporting laws. This allows states to enact state-level laws that a...
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Several industry trade associations are urging the Consumer Financial Protection Bureau (CFPB) to grant a 60-day extension for comments on its proposed rule on credit card late fees that financial ins...
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The U.S. Congress Joint Economic Committee (JEC) released its response to the Economic Report of the President, making recommendations to improve the economy. The JEC is required by law to respond...
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The House Financial Services Committee advanced the Close the Industrial Loan Company (ILC) Loophole Act, which drew praise from the Credit Union National Association (CUNA) and the National Associati...
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The Consumer Financial Protection Bureau (CFPB) issued a final rule to financially help survivors of human trafficking. Survivors often find that their credit reports reflect financial obligations...
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The Securities and Exchange Commission (SEC) recently adopted amendments focusing on electronic filing requirements for investment advisers and institutional investment managers. “In a digital ag...
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U.S. Sen. Pat Toomey (R-PA) is urging Congress to seek long-term reauthorization of the National Flood Insurance Program (NFIP) to benefit taxpayers and homeowners. Officials said Toomey encouraged...
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Mortgage Bankers Association (MBA) and National Fair Housing Alliance (NFHA) officials are touting the launch of an online toolkit to aid in addressing the racial homeownership gap. The resource is...
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The Independent Community Bankers of America (ICBA) has joined other groups in requesting the Federal Deposit Insurance Corporation (FDIC) reconsider its decision to eliminate the Office of Supervisor...
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