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Dodd Frank Act

A 10-Step Guide to Whistleblowing

Adam Resnick | Posted 02.18.2014 | Business
Adam Resnick

1. Shut up and get a good lawyer, fast. You can complain about the fraud internally, but we all know how that usually ends. Once you identify a fra...

Regulators Trim Portion Of Volcker Rule After Banks Complain

Reuters | Emily Stephenson | Posted 01.25.2014 | Business

WASHINGTON (Reuters) - Five U.S. bank regulatory agencies on Tuesday approved a tweak to the Volcker rule that would allow banks to keep interests in ...

What the New Qualified Mortgage (QM) Regulations Mean for VA Loans

Chris Birk | Posted 03.10.2014 | Money
Chris Birk

Service members, veterans and military families across the country are starting to worry about how these changes and how this new classification of mortgages might impact their ability to use their VA home loan benefits. Here's the good news: You have nothing to worry about.

Today's Bank Bailout Risk: Why Didn't We Stop This?

Janet Tavakoli | Posted 02.21.2014 | Business
Janet Tavakoli

The U.S. did not enforce existing securities laws, so no one should have confidence that new Dodd-Frank rules will have any meaningful impact. The U.S. banking system seems to have captured its regulators, Congress and the Treasury.

The Volcker Rule's Biggest Myth

The Huffington Post | Mark Gongloff | Posted 01.25.2014 | Business

They're already starting to complain about it, those banks and the people who love them: The Volcker Rule, the new restriction about to be slapped on ...

House Hands Banks Huge Victory

Reuters | Douwe Miedema and Emily Stephenson | Posted 10.31.2013 | Politics

WASHINGTON, Oct 30 (Reuters) - The U.S. House of Representatives voted on Wednesday to scale back a much-debated provision of the Dodd-Frank Wall Stre...

4 Reasons the SEC's New Ratio Test Will Not Decrease CEO Pay

Avi Sinensky | Posted 12.21.2013 | Business
Avi Sinensky

This proposal -- like some of the other rules implemented under Dodd-Frank -- will do little to accomplish the desired effect of narrowing the gap between employee compensation and executive compensation. If anything, it may have the opposite effect.

Whistleblower Awarded Largest SEC Payout Ever

Reuters | Posted 10.01.2013 | Business

WASHINGTON, Oct 1 (Reuters) - U.S. securities regulators announced Tuesday they have awarded a record $14 million to a whistleblower who helped enforc...

Mississippians Report Financial Challenges to Consumer Protection Bureau

Bill Bynum | Posted 11.24.2013 | Impact
Bill Bynum

A big obstacle is the closing of bank branches in small towns and low-income neighborhoods. "When the bank told us they were leaving in five weeks, it set off a small panic," said Kenneth Broome, the mayor of Utica, Miss.

Out of the Mouths of Babes

John Hasnas | Posted 11.17.2013 | College
John Hasnas

Perhaps the solution to some political problems really are so obvious that even a child can see them. It is too bad that this does not guarantee that they will also be perceived by our elected representatives.

Failing Up to the Fed, A Reporters' Guide to the Paper Trail Surrounding Larry Summers

Mary Bottari | Posted 11.03.2013 | Politics
Mary Bottari

For journalists who are being told what a brilliant man and insightful regulator Larry Summers was behind the scenes, here are a few items from his public record you might want to review.

Community Banks Are Failing; Pawnshops Are Growing

Tanya D. Marsh | Posted 10.25.2013 | Business
Tanya D. Marsh

Five years after the failure of Lehman Brothers, the mega banks have rebounded, community banks that serve vulnerable niches of American consumers, and which played no role in causing the Financial Crisis, are failing, and non-traditional lenders are expanding.

Obama Urges Renewed Focus On Wall Street Reform

AP | JIM KUHNHENN | Posted 08.20.2013 | Politics

WASHINGTON -- Passage of a sweeping overhaul of Wall Street regulations in 2010 was a hallmark of President Barack Obama's first term. Three years lat...

Obama Feels 'Urgency' Over Key Wall Street Reforms

Reuters | Posted 10.19.2013 | Politics

WASHINGTON, Aug 19 (Reuters) - President Barack Obama plans to communicate a "sense of urgency" about finishing new rules for Wall Street when he me...

Obama To Meet With Financial Regulators Over Wall Street Reform Law

Reuters | Posted 10.18.2013 | Politics

By Sarah N. Lynch WASHINGTON, Aug 18 (Reuters) - President Barack Obama will sit down with the leading U.S. financial market regulator...

Move Your Money Lives On; Teaching Bank Transparency

Dennis Santiago | Posted 09.22.2013 | Business
Dennis Santiago

Ordinary people are still just important to being the driving force for free market discipline today as they were in 2009. You can never have too much transparency when looking at "boring banks."

Why Wall Street Reformers Can't Win (In 1 Chart)

The Huffington Post | David Winograd | Posted 07.22.2013 | Business

Based on this chart, we'd say that the banks are working a lot harder on financial reform than the reformers. The result: Not a lot of financial re...

Happy Birthday to Dodd-Frank, a Law That Isn't Working

Ted Kaufman | Posted 09.20.2013 | Politics
Ted Kaufman

Failure was built into Dodd-Frank from the beginning. Instead of writing laws that addressed the abuses that led to the crisis, it nearly always kicked the can down to agencies, instructing them to write new regulations.

GOP Senator: 'We Were Wrong'

The Huffington Post | Ashley Alman | Posted 07.18.2013 | Politics

Sen. Lindsey Graham (R-S.C.) admitted that he and his party were "wrong" to block a vote on Richard Cordray's confirmation to lead the Consumer Financ...

Bravo, Elizabeth Warren -- American Hero

Miles Mogulescu | Posted 09.16.2013 | Politics
Miles Mogulescu

Elizabeth Warren -- the mother of the Consumer Financial Protection Bureau -- deserves a big round of applause from the American people.

Preserving Community Banks Should Be Bi-Partisan Priority

Tanya D. Marsh | Posted 09.15.2013 | Business
Tanya D. Marsh

The regulatory framework for financial institutions in the United States, including many provisions of Dodd-Frank, impose significant costs on community banks without providing benefits to consumers or the economy that justify those costs.

Obama Legacy Project Should Focus on Judicial Appointments

Scott Porch | Posted 09.07.2013 | Politics
Scott Porch

There are many things that Obama cannot control about his legacy, but he should use every tool available to leave the broad mark on the judiciary that he is constitutionally required to make.

The Federal Government's Ongoing Struggle to Enforce Banking Reforms

Susie J. Pak | Posted 08.11.2013 | Business
Susie J. Pak

As the regulations created by Dodd-Frank are chipped away, many are asking why the federal government is unable to enforce banking reforms even after the worst financial crisis since the Great Depression.

Wall Street Re-Deregulation? Already?

Brad Miller | Posted 08.05.2013 | Politics
Brad Miller

Has public opinion about Wall Street really changed so dramatically so quickly? Public opinion has not shifted, but with the public's attention now diverted, the political calculation has.

Jack Lew: Treasury Secretary and Oblivious Bank Shill

Richard Zombeck | Posted 07.24.2013 | Business
Richard Zombeck

Lew was offered a $940,000 bonus from Citigroup if he could land a job in government. That's one hell of a carrot. And here he is interviewing for Geithner's job.