ABA Welcomes OCC Regulatory Adjustment Proposal
ABA on Thursday welcomed a proposal from the OCC that would make several regulatory adjustments as part of its efforts...
Wealth Management
Fiduciary Rule Compliance Estimated at More than $31.5 Billion
The Department of Labor’s newly finalized rule expanding the definition of who counts as a fiduciary under the Employee Retirement...
Department of Labor Issues Final Fiduciary Rule
ABA pressed DOL for a number of changes from the proposed rule, which was widely viewed as draconian and unworkable....
Final Fiduciary Rule Includes ABA-Advocated Revisions
The Labor Department’s final rule redefining who counts as a fiduciary under the Employee Retirement Income Security Act and Internal...
ABA Wins Extension for New Executor Reporting Requirements
Following ABA’s recent request, the IRS today said it would extend the compliance deadline for new proposed executor reporting requirements.
OCC Issues Proposal on EGRPRA-Related Reg Changes
The OCC today issued a proposal that would make several regulatory adjustments as part of its efforts under the Economic...
Of Ubers, Tech Users and Elder Abusers
As technology evolves, state-level stalwarts such as elder financial abuse and foreclosure are now sharing the legislative spotlight with novel...
FinCEN Proposes FBAR Filing Relief for Bank Employees
The Financial Crimes Enforcement Network yesterday issued a proposal clarifying who is exempt from filing Reports of Foreign Bank and...
Op-Ed: Congress Must Stand Up to Fiduciary Proposal
In a joint op-ed with several trade group CEOs today, ABA President and CEO Rob Nichols voiced his opposition to...
House Panel Passes Bills to Stop Fiduciary Rule
By vote margins of 22 to 14, the House Education and Workforce Committee approved two bills that would provide alternatives...
