Newsbytes
NYDFS Final Rule Establishes ‘Best Interest’ Standard for Insurance Sellers
The New York Department of Financial Services today issued a final rule adopting a “best interest” standard for insurers licensed...
Quarles Outlines Fed’s Next Steps for Recalibrating Large Bank Supervisory Framework
In remarks at ABA’s Summer Leadership Meeting in Salt Lake City today, Federal Reserve Vice Chairman for Supervision Randal Quarles...
ABA Nominates Officers for 2018-2019
The American Bankers Association nominating committee -- chaired by Dorothy Savarese, chairman, president and CEO of Cape Cod Five Cents...
IRS Clarifies Deductibility of Trustee Fees from Trust Income
In a recent notice, the Internal Revenue Service released guidance clarifying that trustee and executor fees may continue to be...
ABA Urges Lawmakers to Include Military Banking Provision in Final NDAA Bill
As House and Senate lawmakers work to reconcile their versions of the FY 2019 National Defense Authorization Act, ABA --...
Powell: Fed to Implement S. 2155 As Soon as Possible
The Federal Reserve will move to implement the provisions of S. 2155 -- the new regulatory reform law -- as...
Agencies Issue Volcker Rule Overhaul Proposal
The federal financial regulatory agencies have published in the Federal Register a long-awaited set of proposed changes to the Volcker...
