ABA: Proposed fiduciary rule will harm retirement savers
The Department of Labor’s proposed expansion of its investment advice regulation—known as the fiduciary rule—is overbroad, overreaching, and would make ...
Tag: ABA news
ABA, associations seek data behind FHFA credit score modernization effort
The Federal Housing Finance Agency should make public the analyses behind its final rule to replace the FICO credit score ...
ABA asks Biden for FSOC study to prevent harm from regulatory ‘tsunami’
In a letter to President Biden, ABA President and CEO Rob Nichols warned that the large number of regulatory initiatives ...
Amid record market close, ABA rings closing bell at Nasdaq
ABA marked the 20th anniversary of the ABA Nasdaq Community Bank Index (ABAQ) by ringing the closing bell at the ...
ABA, ICI: QPAM exemption amendments rely on flawed analysis
The Labor Department’s proposed amendments to Prohibited Transaction Exemption 84-14, known as the Qualified Professional Asset Manager exemption, continue to ...
ABA, state associations urge Fed to seek consensus on rulemakings
Federal Reserve rulemakings must have broad support of board members to make rules that endure the inevitable political swings, because ...
ABA Nasdaq Community Bank Index additions announced
The American Bankers Association today announced the addition of four banks to the ABA Nasdaq Community Bank Index.
ABA raises concerns about FDIC’s proposed resolution plan changes
The FDIC’s proposed new requirements for resolution plans for certain banks contain several aspects that would be impractical to implement, ...
ABA urges House lawmakers to support resolution to overturn 1071 rule
In a letter to House leaders, ABA urged lawmakers to approve a Senate joint resolution to overturn the CFPB's final ...
ABA urges caution on proposed sustainability auditing standards
Citing the nascent state of climate reporting and the resulting confusion by stakeholders of internal control requirements, ABA urged the ...
