News Topic: regulation-reform

If the FSOC fails to get the SEC to adopt new standards, it could look weak. If it succeeds, this mechanism will be used more often. Either way, the intervention is likely to sow division among regulators. ... Read full article

Labeling a firm "systemically important" will tip the competitive scales one way or the other - to no purpose, since the exercise is premised on a misunderstanding of the 2008 financial crisis. ... Read full article

Boosting regulatory oversight of Wall Street firms will better allocate examiner resources to the riskiest financial firms and help reduce unnecessary burdens on community banks. ... Read full article

The oft-mischaracterized HUD rule will discourage any race-based decision making and minimize lawsuits. Why would any lender want to continue a practice with a discriminatory effect but no business objective? ... Read full article

Due to continuing struggles within global economies, the interconnected financial framework requires higher levels of capital, liquidity and investments in assets that can objectively be considered safe. ... Read full article

Most of the losses banks have caused and suffered could be greatly reduced or eliminated without relying on complex regulations and elaborate risk management. Just promulgate and enforce one simple rule: we tolerate no lying. ... Read full article

New regulations fail to address the next wave of dubious practices sure to emerge and sully the reputation of responsible lenders. Remember: The Maginot line held; new technology just allowed forces to go around it. ... Read full article

It's time to lower the $250,000 coverage ceiling on FDIC deposit insurance. ... Read full article

Taken to the extreme, new guidance from the Federal Reserve will require boards to evolve into something close to shadow-management. ... Read full article

A recent court ruling has put CFPB Director Richard Cordray's job in jeopardy. But who should run the bureau if he has to step down? ... Read full article

Language in the act clearly stipulates the Senate be involved in appointing the Consumer Financial Protection Agency's director. Recess appointments, whether unconstitutional or not, are impermissible. ... Read full article

Safety and soundness in banking will be found more in changes in oversight than regulation. ... Read full article

White's determination to succeed and legal competence will make her the most formidable chair of the Securities and Exchange Commission yet. ... Read full article

The nomination of attorney Mary Jo White as SEC chairman and renomination of Richard Cordray as CFPB director indicate the White House's stance on key banking issues will create new challenges for financial institutions. ... Read full article

The biggest expansion of the banking rulebook is still on the horizon. The changes could lead to an overhaul of banking business models. ... Read full article

Confining banks to "narrow" or "traditional" activities, as some policymakers and pundits advocate, would drive even more customers to the shadow sector. Do we really want shadow banks to own the financial future? ... Read full article

The state is receiving a notably large share of national mortgage settlement benefits because of the level of harm the state sustained during our nation's mortgage crisis. ... Read full article

Research may fail to prove the Community Reinvestment Act contributed to the subprime housing crisis. But its supporters also can't prove that it didn't. ... Read full article