All Rules & Proposals articles – Page 25
-
Blog
After CEO defections, Trump ends White House business forums
Amid an exodus of CEOs, President Trump, under fire for post-Charlottesville remarks, is ending two White House forums that advised him on economics and manufacturing.
-
Blog
Republican governors serve CFPB director with FOIA demands
Republican governors have served CFPB Director Richard Cordray with another Freedom of Information Act request in an effort to prove a Hatch Act violation.
-
Blog
New SEC chair gets new demands for political contribution disclosures
With a new SEC chairman, a new push is underway to have a fresh consideration of a disclosure rule covering political contributions made by public companies.
-
Blog
Bill would strip NLRB of prosecutorial powers
Recent legislation, gaining Republican support, would limit the power of the NLRB. It would be able to conduct investigations, but not be allowed to prosecute them.
-
Blog
Sen. Warren quizzes bank CEOs on arbitration rule
Senator Elizabeth Warren (D-Mass.) is targeting top bank executives, demanding that they go public with their views of the CFPB's recent rule banning forced arbitration.
-
Blog
Democrats fret conflicts of interest within deregulation task forces
Democrats are demanding transparency into the Trump administration's deregulatory task forces, citing conflicts of interest involving appointees who benefit from task force recommendations.
-
Blog
House Republicans double down on CFPB contempt charges
House Financial Services Committee Republicans are moving contempt proceedings against CFPB Director Richard Cordray along with the release of a report outlining their case.
-
Blog
Senators want more debate over another net neutrality plan
The Federal Communications Commission has received more than 16 million comments on a proposal to revive net neutrality. Deliberations on the rule, introduced in May, allowed for a 30-day public comment process.Nevertheless, Democrats, are calling on the FCC to extend the expiring comment period.
-
Blog
CFPB pitches new disclosure form for overdraft fees
The CFPB is proposing model disclosure forms intended to improve upon what banks and credit unions already provide to consumers weighing overdraft coverage. The Bureau is currently testing four prototypes that have a simple, one-page design.
-
Blog
CFPB slaps JPMorgan Chase over checking account screening
The CFPB has reached a consent order with JPMorgan Chase Bank for alleged failures related to information it provides for checking account screening reports. It will pay a $4.6 million penalty and implement necessary changes to its policies to prevent future legal violation.
-
Blog
FTC bust targeted money laundering, fraudulent merchant accounts
The Federal Trade Commission has charged 12 defendants with laundering millions of dollars in credit card charges through fraudulent merchant accounts.
-
Blog
Bank CCOs weigh effectiveness vs. burden of rules
A new survey of bank CCOs conducted by the American Bankers Association shows continued concerns about their regulatory burden and skepticism that piling up rules actually helps.
-
Article
Firms gird for fast-approaching NYDFS cyber-security deadlines
New York’s new cyber-security rules are already creating compliance and liability concerns. They may also give rise to a fractured playing field of demands in other states.
-
Blog
Fed wants to reassess bank board responsibilities, institutional ratings
The Board of Governors of the Federal Reserve has announced proposals to streamline post-financial crisis regulatory burdens imposed on directors at banks and reassess how ratings are issued.
-
Blog
Waters’ bill seeks to improve SEC waiver process
Congresswoman Maxine Waters has introduced a bill intended to ensure a fair and public process for waiving automatic disqualification provisions. The issue of waivers is a longstanding one for the Commission.
-
Blog
Bipartisan bill targets human trafficking, critics fear for online free speech
The Senate is debating bipartisan legislation intended to protect women and young girls from modern-day slavery. The plan has some concerned about online freedom of speech.
-
Blog
War over CFPB escalates with legal threats and arbitration demands
While complaints about the CFPB’s recent rule banning the use of mandatory arbitration clauses pile up, Director Richard Cordray is also facing additional challenges to his authority.
-
Blog
OCC cracks open Volcker rule, seeks public comment
The latest effort to revise the Dodd-Frank Act’s Volcker rule is a public comment period, orchestrated by The Office of the Comptroller of the Currency, that may lead to a multi-agency Notice of Proposed Rulemaking.
-
Article
Rhetoric begins to shift to regulatory easing
While members of the Trump Administration wave off persistent critics, rule changes are starting to take root, notably for the Volcker rule.
-
Article
SEC’s consolidated audit trail at risk again, this time by funding
Developed as a database to monitor markets and prevent flash crashes, the SEC’s consolidated audit trail has a big, new roadblock.