Weekly Regulatory Deadlines | September 11 to September 17
Regulatory Capital Rule: Simplifications to the Capital Rule Pursuant to the Economic Growth and Regulatory Paperwork Reduction Act of 1996
OCC FDIC FRS | Mortgage Lending, Commercial Lending | Final Rule
House Financial Services Committee advances series of bills
Financial Regulation News 09/13/2019
The House Financial Services Committee advanced a series of bills this week, including one that is designed to enhance the coordination of state and federal...
How BlueJeans Solved Its Recurring Payments Woes
Transaction fees and interchange rates, among other factors, can turn a simple transaction into a complex process for merchants. But Mike Schramm, director of global eCommerce for video conference provider BlueJeans, says localizing the payments experience, including recurring payments, can help. In the latest Global Recurring Payments Tracker, he discusses the company’s localized payments approach in emerging markets like Brazil...
The ball is in FHFA’s court for reforming the GSEs
American Banker 09/17/2019
The FHFA can go beyond a recent Trump administration report to level the playing field between the private sector and Fannie Mae, Freddie Mac...
Fed to inject $75bn into financial system after funding squeeze
Financial Times 09/17/2019
The Federal Reserve has injected billions of dollars into the US financial system to alleviate a dramatic squeeze in the country’s short-term funding market...
FINRA Fines JP Morgan Securities $1.1M For Late Docs
Law360: Securities 09/16/2019
The Financial Industry Regulatory Authority has fined J.P. Morgan Securities LLC $1.1 million for delaying disclosure of allegations of misconduct including fraud involving terminated employees nearly 90 times over six years, the agency said Monday...