All Rules & Proposals articles – Page 14
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Blog
CFPB seeks public input on complaint collection
Amid its current overhaul under new leadership, the Consumer Financial Protection Bureau is seeking feedback on its process for logging consumer complaints.
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Blog
AGs sue Trump Administration over Clean Air Act
A coalition of attorneys general has filed a lawsuit against the Trump administration and the EPA for “ignoring its legal duty to control emissions of methane, an extremely potent greenhouse gas, from existing oil and gas operations.”
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Blog
Ellison questions HHS hire from CVS Caremark.
Rep. Keith Ellison (D-Minn.) is asking Department of Health and Human Services Secretary Alex Azar for an explanation of the decision to hire CVS Caremark Vice President Daniel Best to lead the agency’s drug pricing reform effort.
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Article
Corporate culture may be even more important now
Smart strategies for influencing corporate culture include aligning incentives and recognizing that “tone at the top” needs to be supplemented by “tone at the bottom.”
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ArticleSEC takes a longer look at pre-IPO companies, Rule 701
With more and more successful companies choosing to go public, the SEC is paying closer attention to how they issue employee stock options.
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Blog
Acting CFPB director wants a radical overhaul of the agency
In the pages of the CFPB’s semi-annual report, Acting Director Mick Mulvaney included four recommendations for legislative changes to the agency. “The Bureau is far too powerful, with precious little oversight of its activities,” he said.
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Treasury wants to ‘modernize’ Community Reinvestment Act
The Treasury Department has announced recommendations for updating the Community Reinvestment Act. The stated goal “is to better align CRA activity with the needs of the communities that banks serve.”
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Blog
Did some companies fudge their pay ratio disclosures?
As the initial batch of disclosures to meet requirements of the Securities and Exchange Commission’s pay ratio rule trickle in, activists are already flagging concerns that companies may be a bit too creative with their calculations.
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Senators demand data use answers from Grindr
In response to media reports that the LGBTQ dating app Grindr shared information about users’ HIV statuses with third parties, Senators Edward J. Markey and Richard Blumenthal are demanding answers about the company’s data practices.
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EPA wants to revise, scale back automobile emissions standards
The EPA is looking to backtrack from Obama-era fuel emission standards imposed upon auto manufacturers. Administrator Scott Pruitt announced a determination that the current standards “are not appropriate and should be revised.”
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Blog
Trump's new tariffs could trigger trade war with China
In response to what the White House views as China’s unfair trade practices, the Office of the U.S. Trade Representative has announced a list of products that could be subject to additional tariffs. China has countered with a list of its own.
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ArticleFacebook’s data problems open door to domestic regulation of tech firms
As Facebook takes heat for how its user data has been exploited for political purposes, some wonder if a homegrown version of GDPR is on the horizon.
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Article
As cryptocurrency creeps into mainstream, AML risks multiply
As mainstream firms dip their toes into cryptocurrency, they are discovering an evolving world of money laundering controls and sanctions restrictions.
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Blog
GAO looks at practicalities of SEC’s climate-related disclosures
The Government Accountability Office, the research arm of Congress, has issued a new analysis of the SEC's disclosure requirements regarding material climate-related risks.
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Blog
Outgoing FDIC official shares blunt view of ‘Too Big to Fail’ and bank regulation
As part of his farewell tour, Thomas Hoenig, the departing vice chairman of the Federal Deposit Insurance Corporation, used a recent speech to candidly address the challenge of balancing prudential standards and regulatory initiatives when attempting to end big bank bailouts.
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Blog
After six years, bill to combat human trafficking inches closer to law
The Senate passed the Stop Enabling Sex Traffickers Act with an overwhelmingly bipartisan vote of 97-2. The bill, part of a six-year effort, ammends the Communications Decency Act to allow for the reporting of potential indicators of slavery..
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Blog
Omnibus Bill riders target SEC, implements cross-border data seizure law
When Congress passed a $1.3 trillion federal spending package, the bill included restrictions on the SEC and made law a controversial plan for confiscating data from servers located abroad.
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Blog
Facebook follies: Congress, AGs upload scrutiny on social media giant
Troubles continued this week for social media giant Facebook with confirmation that the FTC is investigating whether the exposure of personal data belonging to an estimated 50 million users is a violation of a 2011 consent decree. Also in the mix: Congress and state Attorneys General.
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Blog
Cross-sector companies launch Coalition to Reduce Cyber Risk
With an effort to improve cyber-security defenses, six global corporations have joined forces to launch The Coalition to Reduce Cyber Risk, also known as CR². Members include AT&T, Cisco, HSBC, JPMorgan Chase, Mastercard, and Microsoft.
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Article
Years later, deadly airbag recalls still prove a lofty challenge
At a recent Senate hearing, government representatives and automakers lamented the challenge of purging Takata airbags from the automotive supply chain.