Author Archives: Jennifer Lipner

ABA Compliance Center Inbox, July/August 2017

Q: If a trust department is exempt from the definition of “broker” due to the “chiefly compensated calculation,” would referrals made by bank employees to the Trust Department be exempt from the referral restrictions of Regulation R? A: The trust exemption provides an exemption with respect to trust activities. A referral by a bank employee that doesn’t involve investment products ...

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Highway Robbery

Let’s hope the FAST Act’s thievery serves as a wake-up call to banks that our industry is much stronger when we fight together.

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Missouri Bankers Give Vets the Gift of Mobility

By Max Cook “Segs4Vets gave me my life back.” This statement from Army veteran Chris Stout echoes similar sentiments of U.S. veterans who have benefited from Segs4Vets, a nonprofit organization that gives Segway mobile transporters to severely injured veterans of the Iraq and Afghanistan wars. Launched in 2005, the organization’s mission is to help veterans choose the path of independence ...

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Diversity as a Differentiator

Successful, diverse companies no doubt have an easier time attracting both talent and customers. As community leaders, our industry must embrace such a competitive differentiator. And in so doing—by comparison—become rare in our diversity rather than have our diversity be rare.

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