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21 Jul 2010, 6:47 am
The report also noted that the National Arbitration Forum (NAF), the leading arbitration forum for consumer debt disputes, recently settled a suit filed by the Minnesota Attorney General. [read post]
20 Jul 2010, 9:51 am
President Obama has pressed hard for passage of additional measures to protect consumers and prevent fraud at home and abroad. [read post]
20 Jul 2010, 9:04 am
In fact, we’ve improved in a variety of areas: Bank card delinquencies reportedly fell to 3.88 percent of all accounts, down from 4.39 percent in the fourth quarter of 2009. [read post]
19 Jul 2010, 10:09 am
. -- redefines "bank holding company"; increases reporting requirements of bank holding companies and increases capitalization requirements. [read post]
19 Jul 2010, 6:58 am
ALLOCATED: $1.6 TRILLION FEDS (Foreign Exchange Dollar Swaps) This is a program whereby the Federal Reserve goes around the world offering dollars to the European Central Bank, the Swiss National Bank, the Bank of England and other central banks. [read post]
19 Jul 2010, 4:03 am
There is some justification for the consumer protection agency. [read post]
18 Jul 2010, 5:15 am
According to the FDIC website:"The Federal Deposit Insurance Corporation (FDIC) is an independent agency created by the Congress to maintain stability and public confidence in the nation's financial system by: insuring deposits, examining and supervising financial institutions for safety and soundness and consumer protection, and managing receiverships". [read post]
16 Jul 2010, 3:03 pm
On Thursday, July 15, 2010, the Senate passed the Dodd-Frank Wall Street Reform and Consumer Protection Act by a vote of 60-39. [read post]
16 Jul 2010, 12:38 pm
Of course, what Congress giveth, it also sometimes taketh away, adding, "Except as permitted under subparagraph(B), the attorney general (or equivalent thereof) of any State may not bring a civil action in the name of such State against a national bank or Federal savings association to enforce a provision of this title. [read post]
16 Jul 2010, 12:38 pm
Of course, what Congress giveth, it also sometimes taketh away, adding, "Except as permitted under subparagraph(B), the attorney general (or equivalent thereof) of any State may not bring a civil action in the name of such State against a national bank or Federal savings association to enforce a provision of this title. [read post]
16 Jul 2010, 8:57 am
: Consumer Protection in International TransactionsGeneral Reporter: Diego Fernández Arroyo, Madrid, SpainChair: Spyridon Vrellis, Athens, Greece(2) Public International Law (IV.A.) [read post]
15 Jul 2010, 9:18 pm
Starrett II has been a licensed attorney since 1993 and is a member in good standing with the California State Bar, the San Diego County Bar Association and the National Association of Consumer Bankruptcy Attorneys. [read post]
15 Jul 2010, 11:37 am
The Bureau will write rules for consumer protections governing financial institutions, banks and non-banks, offering consumer financial services or products and oversee the enforcement of federal laws intended to ensure the fair, equitable and nondiscriminatory access to credit for individuals and communities. [read post]
15 Jul 2010, 11:26 am
It’s important as a broad and convincing contribution to intense national disputes over dispute resolution. [read post]
15 Jul 2010, 11:05 am
Senator Richard Shelby of Alabama called the bill “a 2,300-page legislative monster” that would expand and create new inefficient government bureaucracies and undermine the competitiveness of the nation’s businesses. [read post]
15 Jul 2010, 8:34 am
The banks do not have monopoly pricing power in the traditional sense, and their market share – at the national level – is lower than what would trigger an antitrust investigation in the non-financial sectors. [read post]
15 Jul 2010, 12:06 am
And since it’s not even close to being over, and since you guys at banks and servicers are obviously not changing your attitude… here’s a few things you might want to think about… Consumer spending is roughly 70% of this country’s economy, so as the television commercial says… if we don’t look good, you don’t look good. [read post]
14 Jul 2010, 7:45 pm
Changes from 1 July 2010 On 1 July 2010 ASIC became both the national regulator for consumer credit (under the National Credit Code) as well as the supervisor for an expanded financial services consumer protection scheme (under the ASIC Act). [read post]
14 Jul 2010, 5:01 pm
This is landmark legislation that touches many aspects of banking and securities regulation, regulates the OTC derivatives markets for the first time and enhances the powers and resources of the SEC. [read post]
14 Jul 2010, 9:00 am
Banks and financial institutions - New national consumer credit laws came into force in Australia on July 1, 2010. [read post]
