regulation-reform

Appeals Court Ruling in Citi Case Is a Gift to Big Banks

06/09/14

Anyone still waiting for justice with respect to the role that large banks played in the financial crisis had to be disappointed in a New York appeals court's ruling in a case involving a settlement agreement between Citigroup Global Markets and the Securities and Exchange Commission.

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How to Manage Bankers' Voracious Risk Appetites

05/29/14

The regulatory focus must shift from prohibiting undesirable risk behavior to changing the incentives that cause that behavior.

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A New Defense Against Municipal Disparate Impact Claims

05/28/14

Cities including Baltimore and Los Angeles have brought lawsuits against banks alleging that subprime lending to minority borrowers wound up costing municipalities tens of millions of dollars. A recent Supreme Court ruling could help banks deflect such charges.

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A Road Map for Coordinating Federal and State Regulation

05/27/14

A consolidated exam force could give state regulators access to federal resources without undermining the dual banking system.

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Tread Lightly When Setting Capital Requirements for Nonbanks

05/21/14

Before the FSOC or other agencies start to impose capital requirements on nonbank financial companies, let's make sure we understand the business models and the risks that these firms actually take.

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Why Banks Have Trouble Getting Compliance Right

05/21/14

If banks and supervisors are serious about achieving regulatory excellence, they need to make the people in charge of product lines take ownership of compliance.

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Credit Suisse Got Off Too Easy: Twitterati

05/20/14

The consensus on Twitter is that a $2.6 billion fine for helping wealthy Americans evade taxes is not punishment enough for the Swiss banking giant.

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Regulators Must Bolster Homeowner Protections

05/20/14

Seven years after the onset of the housing crisis, many homeowners continue to face unfair and unnecessary foreclosures. Regulators can help remedy the situation by prioritizing greater transparency in mortgage relief and securing funding for housing counselors and legal advocates.

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Banks Must Fortify Themselves Against HR Risk

05/19/14

Banks that fail to comply with employment regulations leave themselves open to expensive lawsuits and bruised reputations.

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Housing Finance Reform Should Be True Reform -- Not Retrogression

05/15/14

Any bill that does not return with provisions reinstating affordable housing goals and lowering down payment requirements is still a failure, writes the head of the National Urban League.

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