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United States

Pete Schroeder

U.S. Fed to reconsider 'stress capital buffer' plan: official

Nov 09 2018

WASHINGTON Randal Quarles, head of supervision at the Federal Reserve, said on Friday the central bank would re-propose aspects of a bank capital rule known as the "stress capital buffer" due to industry concerns.

U.S. SEC to review corporate democracy rules risking investor clash

Nov 09 2018

WASHINGTON/BOSTON The U.S. securities regulator is set to review this month rules on corporate democracy, setting it up for a clash with investors who worry the agency will side with companies to diminish voting rights on charged issues like climate change and gun violence. On Nov. 15, the Securities and Exchange Commission will hold a roundtable on the 'proxy process' by which big pension funds and other shareholders can force companies to vote on a range of environmental, social and governance matters.

SEC to review corporate democracy rules risking investor clash

Nov 09 2018

WASHINGTON/BOSTON The U.S. securities regulator is set to review this month rules on corporate democracy, setting it up for a clash with investors who worry the agency will side with companies to diminish voting rights on charged issues like climate change and gun violence.

RPT-U.S. SEC to review corporate democracy rules risking investor clash

Nov 09 2018

WASHINGTON/BOSTON, Nov 9 The U.S. securities regulator is set to review this month rules on corporate democracy, setting it up for a clash with investors who worry the agency will side with companies to diminish voting rights on charged issues like climate change and gun violence. On Nov. 15, the Securities and Exchange Commission will hold a roundtable on the 'proxy process' by which big pension funds and other shareholders can force companies to vote on a range of environmental, social and governance matters.

RPT-INTERVIEW-Key Democratic lawmaker may invite bank CEOs to testify before U.S. Congress

Nov 09 2018

WASHINGTON, Nov 8 Democrat Maxine Waters, poised to become chair of the U.S. House banking committee, told Reuters on Thursday she would like the heads of the country's biggest banks to testify before the panel as she seeks to ramp up regulatory oversight.

Key Democratic lawmaker may invite bank CEOs to testify before U.S. Congress

Nov 08 2018

WASHINGTON Democrat Maxine Waters, poised to become chair of the U.S. House banking committee, told Reuters on Thursday she would like the heads of the country's biggest banks to testify before the panel as she seeks to ramp up regulatory oversight.

Banks to target moderate Democrats, regulators if U.S. House flips

Nov 02 2018

WASHINGTON Financial industry lobbyists say they will focus their efforts on moderate Democrats and regulatory agencies if Democrats take control of the House of Representatives after next week's congressional elections.

U.S. SEC collects nearly $4 billion in fines, disgorgement in fiscal 2018

Nov 02 2018

WASHINGTON The Securities and Exchange Commission assessed $3.945 billion in disgorgement and penalties across 821 enforcement actions in fiscal 2018, the agency's enforcement division said in its annual report on Friday.

Federal Reserve unveils proposal to ease regulations for larger banks

Oct 31 2018

WASHINGTON The Federal Reserve said on Wednesday it wants to ease regulations for U.S. lenders with less than $700 billion in assets, a way to lessen the burden on big commercial lenders that do not have volatile Wall Street businesses.

Elections could put Wall Street's favorite lawmaker in top finance role

Oct 30 2018

WASHINGTON Next week's U.S. elections could see Wall Street's favorite congressman assume one of the most coveted roles setting financial policy on Capitol Hill - if Republicans retain control of the House of Representatives.

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