Browsing: Newsbytes

Newsbytes ABA urges Labor Department to withdraw fiduciary rule

The Department of Labor’s proposed fiduciary rule is a misguided approach fraught with serious risks, costs and uncertainties for retirement investors and for the banks and other organizations that supply retirement services, ABA said.

Newsbytes Fed’s Bowman urges return to regulatory tailoring

Federal Reserve Governor Michelle Bowman said that she worried that “an overbroad application” of bank requirements could become a characteristic of future regulatory reforms, pointing to the proposed capital requirements as one example of the trend.

1 27 28 29 30 31 1,060