News Topic: regulation-reform

Dodd-Frank, aimed at restoring confidence in the so-called Wall Street banks, had a devastating effect on Main Street banks, and is now threatening their long-established role as the backbone of the American Dream. ... Read full article

Despite warnings of the potential dire consequences, a steady stream of government policies enabled and encouraged banks to make mortgages to people who could not afford them. ... Read full article

Should San Bernardino's plan to seize underwater mortgages through eminent domain move forward, its home values would likely plummet and local credit would dry up. ... Read full article

The Treasury Department has released an infographic outlining how the financial reform legislation helps to strengthen Main Street banks. Do you agree Dodd-Frank creates a level playing field for financial institutions? ... Read full article

Calls from various constituencies in the business to establish a single mortgage-backed security are sensible. But why stop there? ... Read full article

The political game in Washington might not be one former SIGTARP Neil Barofsky was willing to play, but it suits Wall Street lobbyists perfectly. What are we, citizens and taxpayers, supposed to do now? ... Read full article

The regulatory risk from Basel III, Dodd-Frank and other pressures will keep banks from growing, and the economy can't grow, if banks don't. ... Read full article

Politicians, regulators and lenders still have much to learn from a period dominated by the "affordable housing" ideology. ... Read full article

The sad reality is that an unregulated shadow financial system pushed explosive subprime loans. ... Read full article

If the networks don't voluntarily implement more reasonable pricing, merchants will steer consumers to cheaper alternatives and there will soon be nothing left to fight about. ... Read full article

It's foolhardy to try to read traders' minds to determine if the inventory they are keeping exceeds the demand they expect from clients. There is a better way. ... Read full article

The effects of a loose monetary policy were compounded by housing policy - not just the "affordable" housing goals set for Fannie and Freddie but also CRA quotas imposed on banks. ... Read full article

Central bank policy rates, overnight unsecured borrowing rates, commercial paper rates, Treasury bills and repo rates all would be open to potential manipulation, just like Libor. ... Read full article

A mutually respectful relationship may prove superior to efforts of companies that hampered their regulators while engaging in risky practices that brought them to ruin. ... Read full article

Standard Chartered agreed last week to pay the New York Department of Financial Services $340 million to settle allegations of illegal Iran-related transactions. But that settlement comes with strings. ... Read full article

Restoring Glass-Steagall would be a palliative just like the Volcker rule: simple to say, hard to do. Even under the 1933 law, financial innovators blurred the lines between commercial and investment banking - almost from the very start. ... Read full article

ING Bank's $1.67 billion settlement with the Office of Foreign Assets Control is a textbook example of the decision-making process such regulators follow in handling violations. ... Read full article

We learn lessons after every financial crisis. But it doesn't stop the next one from happening. ... Read full article