Tag Archives: reporting

NYBA Wins Challenge to New York City Law

The New York Bankers Association on Friday won its legal challenge to New York City’s Responsible Banking Act, with a federal judge striking down the city ordinance as unconstitutional in its attempt to preempt state and federal banking laws.

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SEC Adopts CEO Pay Ratio Disclosure Rule

By a 3-2 vote, the Securities and Exchange Commission today approved a final rule requiring public companies to disclose the ratio of the annual compensation of the CEO to the median of the annual compensation of the company’s employees.

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Senate Democrats Urge Rules for Small Biz Loan Data Disclosure

Sen. Cory Booker (D-N.J.) led a group of several Senate Democrats on Friday in asking Consumer Financial Protection Bureau Director Richard Cordray to accelerate a Dodd-Frank Act rulemaking that would require lenders to report small business loan data similar to mortgage loans under the Home Mortgage Disclosure Act.

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Banks Join DOJ’s Swiss Bank Program

The Justice Department announced last week that four banks — Société Générale Private Banking (Lugano-Svizzera), MediBank AG, LBBW (Schweiz) AG, and Scobag Privatbank AG — have reached resolutions under the department's Swiss Bank Program.

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