Regulation and compliance
Regulation and compliance
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Former Fed Chairman Paul Volcker is now synonymous with a provision of the Dodd-Frank law. But his legacy extends well beyond that.
December 9 -
Paul Volcker, the former Federal Reserve chairman who broke the back of U.S. inflation in the 1980s and three decades later led President Barack Obama’s bid to rein in the investment risk-taking of commercial banks, has died.
December 9 -
The two Democratic senators said the bureau's policy could allow companies to circumvent consumer finance laws.
December 6 - LIBOR
The Treasury secretary suggested a role for lawmakers in containing any fallout with financial contracts stemming from the transition to a new interest rate benchmark.
December 5 -
A report from the Financial Stability Oversight Council cited a bigger share of originations and servicing by nonbanks as a potential vulnerability in the financial system.
December 4 -
The agency announced changes meant to reduce compliance costs and allow some institutions to provide estimates rather than disclose exact prices for international money transfers.
December 3 -
The agency’s director previewed a policy for companies under enforcement action to have their orders terminated if they comply ahead of schedule.
December 2 -
The agency’s director previewed a policy for companies under enforcement action to have their orders terminated if they comply ahead of schedule.
December 2 -
The high court scheduled oral arguments on March 3 in the lawsuit dealing with a president's ability to fire the head of the Consumer Financial Protection Bureau.
November 26 -
Lenders contend the proposal goes beyond policing third-party debt collectors and could expose banks to enforcement actions and lawsuits.
November 25