Friday marks the seventh anniversary of the Dodd-Frank Act. The outlook for financial regulation, and Dodd-Frank, has fundamentally shifted over the past year. Since President Trump’s...
The recent Treasury Report on financial regulatory reforms related to banks and credit unions devotes significant attention to issues of capital, stress testing and liquidity, which highl...
Yesterday afternoon, the CFPB issued a final rule that, once it becomes effective, is designed to prohibit providers of certain consumer financial products or services from using pre-disp...
Three recent cybersecurity events highlight the need for companies to review their access controls to limit who has administrator privileges and how long those elevated privileges last.
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There has been a slow start to financial regulatory reform under the Trump Administration, but the conversation is now changing in ways that are serious and thoughtful. This note highligh...
Last week, Target Corp. reached a record $18.5 million settlement with 47 states and the District of Columbia to end investigations into Target’s data breach in 2013. The settlement hi...
There is no shortage of ideas from the financial sector on how to rebalance financial sector regulation judging by the many reports, white papers and letters that have been sent to Treasu...
A revised version of the Financial CHOICE Act (commonly referred to as CHOICE Act 2.0) was passed by the House Financial Services Committee last week on a strictly partisan vote and will ...
The House Financial Services Committee’s Subcommittee on Oversight and Investigations on Tuesday held a hearing to explore the constitutional design of the CFPB. At the hearing, three ...
As the second quarter of 2017 comes to a close, we have updated our brief deck summarizing the leadership and staffing changes among federal financial regulators, including announced nom...