law-regulation

Make Camels Ratings Public Already

05/17/16

Requiring the bank regulators to disclose the numerical grades they give for capital, assets and other factors would subject them to the same market discipline they demand for banks.

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Banks Stepping into Payday Lenders' Shoes? I'm Not Buying It

05/16/16

Favorable treatment under upcoming Consumer Financial Protection Bureau rules has led banks to signal interest in small-dollar loans. But if they can serve the market profitably, why aren't they already doing it?

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The CFPB's Overly Simplistic Approach to Loan Underwriting

05/13/16

The pervasiveness of consumers' credit problems highlights why the Consumer Financial Protection Bureau's upcoming short-term lending rules should avoid unintended consequences.

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The TBTF Fix No One's Discussing: Simpler Capital Ratios

05/11/16

Ideas on the table for ending the too-big-to-fail problem won't work, so the only solution is a "leverage" ratio and continuous exams to ensure big banks never get in trouble in the first place.

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Dear Congress, Online Lending Is Already Plenty Regulated

05/10/16

It is imperative for regulators and lawmakers to approach the online small business loan market with care and an understanding of how these lenders expand access to credit.

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Kudos to Fed for Targeting Shadow Bank Systemic Risk

05/09/16

The Federal Reserve deserves praise for a proposal that would strengthen financial stability by eliminating the rights of counterparties to tear up derivatives contracts in a failure.

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Flashback: The First Time Banks Faced a Clinton Presidency

05/06/16

Nearly a quarter-century before his wife was on the verge of winning a presidential nomination, then-Democratic candidate Bill Clinton was seen as supporting "true nationwide banking," though some worried he would also expand the Community Reinvestment Act.

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Terror Attacks, Panama Papers Show Cracks in Post-9/11 Monitoring

05/05/16

Requirements that banks share anti-money-laundering information should extend to fraud and cyber risks, to connect the dots between bad actors and their transfer of money.

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Dodd-Frank Failures Bolster Case for Revamp

05/04/16

With agencies created by the Dodd-Frank Act embroiled in court battles and continued questions dealing with "too big to fail," can anyone honestly say the reform law is working?

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Here's How to Solve the De-Risking Riddle

05/03/16

De-risking can be curbed with tools that help lower the cost of complying with anti-money-laundering rules but do not sacrifice the effectiveness of controls.

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