What You May Not Know About the Beneficial Ownership Rule
A rule that initially seemed rather straightforward has yielded multiple devils in the details.
Compliance and Risk
Trade Associations: FCC Must ‘Seize Opportunity’ to Provide Clarity on TCPA
A federal judge’s recent action to vacate portions of the Federal Communications Commission’s 2015 order on the Telephone Consumer Protection...
Fed’s Brainard Updates Progress on NSFR, Volcker Rewrite
The Federal Reserve is “close” to finalizing the Net Stable Funding Ratio, a long-term liquidity measurement included in the Basel...
SEC Proposes Best Interest Regulations for Broker-Dealers, Investment Advisers
In a long-awaited move, the Securities and Exchange Commission today proposed two new rules and an interpretation to improve investors’...
Senate Votes to Overturn CFPB Indirect Auto Lending Guidance
The Senate today employed a little-used legislative procedure to reverse the Consumer Financial Protection Bureau’s 2013 guidance on indirect auto...
Fed’s Brainard Outlines ABA-Favored Ideas for CRA Reform
As the federal banking agencies work together on plans to revise the Community Reinvestment Act regulations and supervisory framework, Federal...
Quarles Lays Out Opportunities for Further Regulatory Tailoring
Testifying before the House Financial Services Committee this morning, Federal Reserve Vice Chairman for Supervision Randal Quarles outlined several ways...
Mulvaney: CFPB ‘Opening Up’ Rules in Search of ‘Unnecessary Burden’
The Consumer Financial Protection Bureau is revisiting several rules as it considers whether they impose “unnecessary burden or restrict consumer...
FDIC Proposes Amendments to Rules Governing Fiduciary Powers of State Savings Associations
The FDIC has proposed to rescind the former Office of Thrift Supervision’s rule on fiduciary powers of state savings associations...
ABA, State Associations Urge House to Pass S. 2155 ‘As Soon as Possible’
ABA and state bankers associations across the country today sent letters to congressional leaders urging the House to pass S....
