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8 Aug 2012, 4:26 pm by James Hamilton
Modifying the proposed rule and requiring the biggest banks to have stronger capital reserves would help preserve the safety and soundness of the financial system, the Senators asserted, and will help ensure that megabanks are no longer too big to fail or will require another taxpayer bailout.Section 165 of the Dodd-Frank Act authorizes the Fed to set enhanced risk-based capital requirements and leverage limits for the largest banks and financial institutions. [read post]
20 Dec 2017, 9:41 am by Pavitra Bacon
On December 14, the Financial Stability Oversight Council (FSOC), which was established by the Dodd-Frank Act to analyze and mitigate potential threats to the financial sector, released its first report under the Trump administration (the “Report”). [read post]
16 Aug 2017, 7:05 am by Elizabeth A. Khalil
In the wake of the financial crisis, including under provisions added by the Dodd-Frank Act, regulators have placed increased focus on corporate governance, including on the role of the board. [read post]
16 Aug 2017, 7:05 am by Elizabeth A. Khalil
In the wake of the financial crisis, including under provisions added by the Dodd-Frank Act, regulators have placed increased focus on corporate governance, including on the role of the board. [read post]
30 Dec 2010, 4:13 pm by James Hamilton
Spencer Bachus (R-AL) questioned the feasibility of the required nine-month deadline under Section 1075 of Dodd-Frank to adopt rules on debit card interchange fees and routing. [read post]
16 Feb 2012, 12:58 pm by James Hamilton
Bill Huizenga (R-MI), the author of the legislation, noted that the Dodd-Frank Act specifically failed to safeguard the proprietary information that HR 4014 protects. [read post]
22 Feb 2011, 7:49 pm by Kevin Funnell
The exemption will not protect community banks or their customers because the Dodd-Frank Act shifts control over routing debit card transactions from issuers to merchants, allowing them to bypass small financial institutions and negating any benefit for exempt community banks and credit unions. [read post]
30 Oct 2017, 2:55 pm by Edward Eisert
A new OFR viewpoint, “Size Alone is Not Sufficient to Identify Systemically Important Banks,” argues that a multifactor approach is superior to considering asset size alone to assess a bank’s systemic importance. [read post]
12 Aug 2015, 2:29 pm by WOLFGANG DEMINO
  This is sloppy banking, and it violates the Dodd-Frank Act, which prohibits financial providers from engaging in unfair or deceptive practices.So today, we are ordering the bank to return about $11 million to consumers who did not receive money that should have been deposited into their accounts. [read post]
22 Nov 2013, 12:54 pm by Todd Zywicki
The Dodd-Frank Act, which established the CFPB, recognizes that consumers benefit from competition among providers of consumer credit products. [read post]
20 Oct 2023, 6:16 am by Loran Kilson
As background, Dodd-Frank requires the CFPB to maintain and work with a Consumer Advisory Board, comprised of industry leaders who are recommended by the presidents of each Federal Reserve Bank across the country.... [read post]
16 Jul 2010, 6:12 am by Walter Olson
Tags: banks, mortgages, qui tam, whistleblowers Related posts October 28 roundup (9) Microblog 2008-10-17 (0) Lucrative world of IRS informant bounties (7) Informants rejoice (1) “Wells Fargo Bank Sues Itself” (4) [read post]
29 Apr 2014, 4:18 pm by Nadia Kayyali and Rainey Reitman
As Frank Keating, president and CEO of the American Bankers Association, wrote in a recent Wall Street Journal article: Operation Choke Point is asking banks to identify customers who may be breaking the law or simply doing something government officials don’t like. [read post]
22 Jul 2010, 3:40 pm by Hunton & Williams LLP
This week, President Obama signed into law the "Dodd-Frank Wall Street Reform and Consumer Protection Act" (the "Act"). [read post]
3 Feb 2017, 12:55 pm
Expectations of simpler bank regulations helped push up stocks on Wall Street in early trading. [read post]
18 Feb 2011, 12:12 pm by Securites Lawprof
Chairman Johnson of the Senate Banking Committee announced the Committee's priorities for this session of Congress: The Committee’s top priorities and agenda will be viewed through the lens of continuing to support the economic recovery. [read post]
18 Sep 2008, 1:07 pm
The banks, however, are clinging to the idea that Mr. and Ms. [read post]
31 Mar 2024, 9:01 pm by renholding
In addition to updating the Current SOP to include the financial stability statutory factor added to the BMA by the Dodd-Frank Act, the FDIC SOP would provide more discussion of the FDIC’s expectations for bank merger applicants when evaluating the statutory factors under the BMA. [read post]
23 Jul 2014, 5:12 am
Postal Inspections Agent who investigated this case, Frank Busch, and who also testified as an expert at Tolliver's trial, conceded that there was nothing at all except Tolliver's employee number tying her to the fraud. . . . [read post]