News Topic: regulation-reform

The five-member board voted unanimously to flesh out how the policy will work when a systemically important company fails. But this show of unity may be misleading and fleeting. ... Read full article

Janet Yellen has made it clear she wants to move the Federal Reserve away from a bank-centric regulatory model to one that appropriately tailors rules to the nonbanks that it now regulates. ... Read full article

There seems to be undue emphasis being placed on a provision that, generally, would have done nothing to avoid the recent financial crisis. Ultimately, however, the Volcker Rule has to be judged like any other regulation: do its benefits outweigh its ... Read full article

A ban on portfolio hedging would perfectly illustrate the current practice of regulatory ‘populism’ that has pervaded financial regulatory reform since the crisis. ... Read full article

Big-bank executives should finalize living wills, hold each other publicly accountable and re-teach ethics training within their rank-and-file if they hope to escape an escalated regulatory crackdown. ... Read full article

Modern giants are likely to behave at least as badly as their World War II counterparts. ... Read full article

The world of lending and loan servicing is undergoing huge transformation, with operational changes that will take time to play out. ... Read full article

Government officials hope to squeeze the giants down to size while executives are counting on thriving with modified business models. Reality lies somewhere in the middle. ... Read full article

Seeking to narrow the range of activities in which well-capitalized and well-managed bank holding companies can engage is a mistaken endeavor. Prohibiting activities will lessen competition, increase risk and raise costs for customers. ... Read full article

A recap of the informed opinions (and the discussions they generated) this week. ... Read full article

Despite a banner year for bank reform, prospective Fed chairman Janet Yellen would have to ensure Basel’s implementation, strengthen Dodd-Frank's living will requirements and form closer ties with regulators to ensure safety and soundness of our ... Read full article

A response to John Bowman. ... Read full article

To set monetary policy and function as a lender of last resort, the Board of Governors must have the expertise to understand the operations and condition of financial institutions. ... Read full article

People without an extensive derivatives background can learn about the nuances of these financial contracts. Massad's law degree, stint as Tarp adviser and global professional experience will help him achieve the CFTC's mission of derivatives ... Read full article

The 2008 financial crisis forced the Fed and Treasury into a too-cozy relationship and the Dodd-Frank law cemented it. Janet Yellen should use her confirmation hearing this week to reassert the central bank’s independence from the administration, argues ... Read full article

The proposed treatment of mortgage securities and associated mortgage financing activities will constrain the sector while handicapping efforts to bring private capital back to the secondary market. ... Read full article

Bankers do not select the people who regulate them. To work, our system requires smart and prudent regulators as much as it requires smart and prudent bankers. Confirmation hearings should help us find out if Janet Yellen will be such a regulator. ... Read full article

New York Fed President William Dudley is suggesting that regulators could force banks to withhold a big chunk of executives' annual pay and then use that money to fill holes in capital when trouble hits. ... Read full article