6 items on Fed’s full regulatory docket
The central bank's rule-writing workload is expected to remain busy for the foreseeable future, thanks in large part to enactment of the recent regulatory relief bill. ... Read full article
The central bank's rule-writing workload is expected to remain busy for the foreseeable future, thanks in large part to enactment of the recent regulatory relief bill. ... Read full article
Proposed changes to Dodd-Frank's ban on proprietary trading are unnecessary and put the markets at risk. ... Read full article
Federal Reserve Chairman Jerome Powell said the agency has its hand full between proposals on liquidity and capital requirements and additional mandates made by the recently enacted regulatory relief law. ... Read full article
Democratic CFTC commissioner Rostin Behnam said Monday that the proposed changes to the proprietary trading ban go too far. ... Read full article
No surprises expected from the annual Fed reviews; Elad Roisman is seen as the pick to replace Michael Piwowar on the panel. ... Read full article
Talking with Shari Van Cleave, head of Wells Fargo Digital Labs; Citizens Financial makes a big move in mortgages in purchasing Franklin American; a rewards blockchain could give Amex access to a wealth of customer data; and more from this week's ... Read full article
Further legislative reform will face resistance, but it could still happen. ... Read full article
With a lighter compliance burden, small banks could shift tech spending to customer-facing innovation. ... Read full article
The banker made $140,000 in illegal trading profits; the German bank faces Fed stress test and “living will” examination soon. ... Read full article
The plan, which the Federal Reserve Board approved Wednesday, would tailor compliance programs for banks based on their trading volume and revise definitions to help banks determine which trades are banned. ... Read full article
Proposal would simplify the rule prohibiting proprietary trading; Fiat Chrysler, which accounts for about a third of the unit’s business, may go solo. ... Read full article
The proposal to ease compliance with the Volcker Rule was portrayed as a rollback of the Dodd-Frank ban on proprietary trading. But it wasn't — here's why. ... Read full article
Compliance changes proposed by the Fed would likely please banks, but reactions to the plan from past and current policymakers have been wildly different. ... Read full article
Proposal to revamp 2013 rule appears to home in on larger banks with higher trading volume and ease the requirements for others. ... Read full article
Despite Tuesday's blip, many bank have seen double-digit gains in the months since the Dodd-Frank reform law was unveiled. There's good reason to think the run-up will continue. ... Read full article
Volcker 2.0 could bring significant relief for the industry, but will likely fall short of what many had hoped. ... Read full article
Jelena McWilliams, most recently chief legal officer at Fifth Third, previously served as a Senate GOP aide and an attorney at the Federal Reserve Board. ... Read full article
As President Trump signed the regulatory relief bill into law on Thursday, most of the attention was on a provision to help regional banks with more than $50 billion of assets. But a majority of the new law is aimed at helping institutions below $10 ... Read full article
The industry’s biggest legislative victory in a decade made it to the finish line Thursday. ... Read full article
Long-awaited modifications to proprietary trading ban are to be unveiled at an open meeting on May 30. ... Read full article