DOJ’s Rosenstein Signals Changes to Individual Prosecutions for Corporate Crimes
Deputy Attorney General Rod Rosenstein today signaled that the Department of Justice is reviewing a policy announced under the Obama...
Legal
Federal Judge Invalidates Obama-Era Rule on Overtime Pay
A federal judge in Texas yesterday overturned the Obama administration’s final rule doubling the salary level used to determine whether...
Chief Compliance Officers in the Hot Seat
Chief compliance officers find themselves caught between a rock and a hard place when reporting AML violations.
Justice Department Formally Ends ‘Operation Choke Point’
In a letter to House Judiciary Committee Chairman Bob Goodlatte (R-Va.) yesterday, a Department of Justice official formally confirmed that...
NCUA Files Reply Brief in CU Field of Membership Case
The National Credit Union Administration, filed a reply brief yesterday in the ABA-initiated case challenging NCUA’s final rule to expand...
Warner Introduces Bill to Address Buying, Selling of Bank Loans
Sen. Mark Warner (D-Va.) last week introduced an ABA-supported bipartisan bill clarifying that legally made bank loans may be resold...
Judge Hears Oral Arguments in Fed Dividend Lawsuit
A federal judge yesterday heard oral arguments in the lawsuit filed by ABA and Seattle-based Washington Federal seeking over $1.1...
ABA Files Reply in Field of Membership Case
ABA filed a combined brief yesterday opposing NCUA’s cross-motion for summary judgment and reinforcing the association’s own motion for summary...
Nichols: With Arbitration Rule, CFPB Chooses Trial Lawyers Over Consumers
In an op-ed for The Hill today, ABA President and CEO Rob Nichols argued that the Consumer Financial Protection Bureau’s...
ABA, Washington Federal Rebut Government Claims in Fed Dividend Case
In advance of oral arguments scheduled for July 27, ABA and Washington Federal yesterday filed a reply brief supporting their...
