WASHINGTON The U.S. Securities and Exchange Commission handed public companies a procedural victory on Thursday in their efforts to reduce the influence of proxy advisory firms, rescinding a pair of staff letters that critics said encouraged mutual funds to rely on their recommendations.
WASHINGTON The U.S. Consumer Financial Protection Bureau has filed suit against Future Income Payments, a Nevada company that offers cash advances in exchange for future pension benefits, which the regulator said are actually exceptionally high-interest loans.
WASHINGTON A U.S. regulatory panel gave final approval on Wednesday to ease oversight of Zions Bancorp after the Utah bank simplified its operations, deciding that the bank no longer should be classified as potentially posing a threat to the financial system.
WASHINGTON U.S. bank regulators clarified on Tuesday that supervisory guidance is not legally binding, in response to industry criticism that agencies are increasingly relying on such guidance.
WASHINGTON U.S. regulators said on Tuesday they will giving the public an extra 30 days to comment on a proposed rewrite of the "Volcker Rule" banning proprietary trading by banks.
WASHINGTON The Federal Reserve said on Thursday that it was giving Deutsche Bank AG and four other financial institutions an additional year to submit "living wills" detailing how they could be safely dissolved in a crisis.
WASHINGTON U.S. federal regulators on Wednesday ordered BNP Paribas to pay a $90 million civil penalty after settling charges against BNP Paribas Securities Corp [BNPPSS.UL] for attempted manipulation of the ISDAfix benchmark.
WASHINGTON The U.S. Senate voted late Tuesday to confirm Dawn Stump and Dan Berkovitz to join the Commodity Futures Trading Commission, handing the derivatives regulator a full complement of commissioners for the first time under President Donald Trump.
WASHINGTON A federal regulator said on Tuesday it is seeking input on rewriting decades-old rules aimed at encouraging bank lending in low-income communities.