- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
Marking his three-month anniversary as the Board of Governors for the Federal Reserve’s vice chairman for supervision, Randal Quarles discussed plans for improving the effectiveness of post-crisis financial regulation.
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Randal Quarles, a Federal Reserve governor and its vice chairman for supervision, has been appointed as the new chairman of the international Financial Stability Board.
Banks, credit card companies and other financial mainstays will be required to comply with new data privacy and retail account portability regulations under a sweeping rule issued Tuesday by the Consumer Financial Protection Bureau.
The wealth management arm of Morgan Stanley is being probed by the Federal Reserve regarding the controls it has in place to prevent wealthy foreign customers from laundering money, according to a report from the Wall Street Journal.
