SEC

Regulators close to unveiling Volcker revamp: Sources

08/13/19

Wall Street watchdogs are poised to take a major step toward overhauling limits on banks’ ability to trade with their own funds, according to people familiar with the effort.

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Blockchain, crypto tech need clear rules of the road

08/07/19

Ambiguity about which laws apply to blockchain technology has prevented certain companies from doing business in the United States.

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Consumer lender Oportun lays groundwork for IPO

07/18/19

In a registration statement filed with the SEC, the company revealed new details about its financial performance and its growth plans.

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Regulators exempt community banks from Volcker rule

07/09/19

Bank regulators finalized a proposal to exclude small institutions from the proprietary trading ban, as required by last year’s reg relief bill.

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Facebook thinks it can displace banks. Good luck with that.

06/18/19

Many people still distrust banks, but many also look askance at the social media giant, making it an unlikely savior of the unbanked.

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House lawmakers introduce CECL 'stop and study' bill

06/11/19

The bipartisan House effort to delay the Current Expected Credit Loss standard comes less than a month after Republican senators introduced a similar bill.

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Republican Senate bill would delay CECL until further study

05/22/19

The effort to delay CECL comes a week after a House panel mounted a bipartisan attack on the new FASB standard.

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Regulators instructed to clear new rules with White House

04/11/19

The Trump administration directed independent agencies to submit their pending regulations for review by the Office of Information and Regulatory Affairs, a novel procedural hurdle that could slow down policy changes.

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The specter of CECL looms over banks’ 1Q calls

04/09/19

With an implementation deadline less than a year away, bankers will be pressed to detail how a new accounting rule for loan losses will affect reserves, earnings and capital.

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SEC chief warns on leveraged loans; Wells’ woes continue

04/09/19

Clayton is the latest to raise concerns about bank loans to highly indebted companies; Wells Fargo’s performance took a hit with its reputation.

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