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Financial Regulation

Derivatives Regulation Could Cost J.P. Morgan $800M A Year: Study

Crain's New York Business | Aaron Elstein | Posted 12.04.2009 | Business

Read More: JP Morgan, Derivatives, Derivatives Regulation, Financial Crisis, Obama Financial Reform, Financial Regulation, Fiscal Policy, Business News

The research firm estimated that J.P. Morgan Chase & Co. could see annual revenues from its industry-leading derivatives business reduced by $3 billio...

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Bernanke Must Answer for Dark of Night Change in Bank Regs

David Segal | Posted 12.03.2009 | Politics

Read More: Truth in Lending Act, Senate, Predatory Lending, Ben Bernanke Federal Reserve, Federal Reserve, Overdraft Fees, Banks, Ben Bernanke, Overdraft Protection, Chris Dodd, Financial Regulation, TILA, Politics News
David Segal

In its new regulations, the Fed did Americans a huge disservice, doing away with consumers' potential right of recovery of overdraft charges -- which will total nearly $37.5 billion in 2009 alone.

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Black Caucus Stalling Financial Reform To Bailout Radio Station?

The New York Times | Eric Lipton | Posted 12.03.2009 | Politics

Read More: Financial Regulatory Reform, Black Caucus Talk Radio, Inner City Radio, Black Caucus Inner City Radio, Financial System Reform, Black Caucus Financial Reform, Black Caucus Regulatory Reform, Obama Financial Regulatory Reform, Black Caucus Financial Regulation, Financial Regulation, Politics News

The radio business has nothing to do with the plan to overhaul the nation's system for regulating banks and other financial institutions. Except, it ...

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How Big Is Too Big? Two New Bills Try To Answer That Question

nytimes.com | PETER BOONE and SIMON JOHNSON | Posted 11.26.2009 | Business

Read More: Bank Size, Kanjorski Too Big to Fail, Paul Kanjorski, Peter Boone, Too Big to Fail, Banks, How Big Is Too Big?, Bernie Sanders, Finanical Crisis, Systemic Risk, Simon Johnson, Financial Regulation, Business News

As legislation on restructuring the banking industry moves forward, attention on Capitol Hill is increasingly drawn to the issue of bank size. Should ...

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Shahien Nasiripour

Systemic Risk Panel Would Lack Independence; Treasury Secretary Would Call The Shots

HuffingtonPost.com | Shahien Nasiripour | Posted 11.23.2009 | Business

Read More: Financial Crisis, White House, Treasury Department, Financial Reform, Barney Frank, Keith Ellison, Barack Obama, Consumer Federation of America, Tim Geithner, Timothy Geithner, Systemic Risk Regulator, Systemic Risk, Financial Regulatory Overhaul, Financial Regulation, Business News

If the White House and congressional leaders get their way, the vaunted new oversight council charged with overseeing systemic risk in the financial m...

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Ryan Grim, Naomi Klein Discuss 'Audit The Fed' Bill On MSNBC (VIDEO)

Posted 11.19.2009 | Politics

Read More: Ron Paul, Ryan Grim Morning Meeting, Naomi Klein, Paul Grayson Bill, Alan Grayson, Ryan Grim, Watts Amendment, Fed Secret Bailouts, Audit the Fed Letter, Morning Meeting Dylan Ratigan, Audit the Fed, Ryan Grim MSNBC, Financial Regulation, House Financial Services Committee, Politics News

The Huffington Post's Ryan Grim appeared on MSNBC's "Morning Meeting" Thursday, alongside author Naomi Klein, to discuss the Ron Paul/Alan Grayson bil...

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My Testimony Before the U.S. Senate on Reforming Financial Market Regulation

Rob Johnson | Posted 11.18.2009 | Business

Read More: Senate Hearing, Wall Street, Financial Regulation, FInancial Markets, Too Big to Fail, Business News
Rob Johnson

Losses of wealth, lost employment and economic activity and bailouts totaling trillions of dollars around the world are strong evidence of the failed structures of financial markets in their current form.

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House Dems Sharpening 'Too Big To Fail' Bill

Reuters | Kevin Drawbaugh | Posted 11.18.2009 | Business

Read More: House of Representatives, Financial Reform, Too Big to Fail, Too Big to Fail Bill, Financial Regulation, House Financial Services Committee, Republicans, Business News

WASHINGTON (Reuters) - A key U.S. congressional panel moved toward toughening a plan for dealing with "too big to fail" financial firms on Tuesday, wh...

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The End of 'Too Big to Fail'

Rep. Paul Kanjorski | Posted 11.13.2009 | Business

Read More: Tarp, Wall Street Bailout, Bailout, Paul Kanjorski, Wall Street, Financial Reform, Too Big to Fail, Financial Crisis, Financial Regulation, Business News
Rep. Paul Kanjorski

The economic meltdown we narrowly averted last year rightfully convinced the American people that we need to re-examine the fundamental structure of our financial system. Naturally, Wall Street disagrees.

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Derivatives Reform: 'Tricky Exceptions' Leave Market Unchecked: The Nation

thenation.com | William Greider | Posted 11.13.2009 | Business

Read More: Goldman Sachs, JPMorgan Chase, Morgan Stanley, Economy, Derivatives, Barney Frank, Bank of America, Regulatory Reform, Obama Administration, Derivatives Trading, Financial Regulation, House Financial Services Committee, Citigroup, Transparency, Business News

The Obama administration promised to reform the financial system and make it safe for the rest of us, but recent Congressional action is more likely t...

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Shahien Nasiripour

State Regulators: Dodd's Bank Bill Creates Another 'Too Big To Fail' Problem

HuffingtonPost.com | Shahien Nasiripour | Posted 11.13.2009 | Business

Read More: Christopher Dodd, Dual Charter, Regulatory Reform, Financial Reform, Bank Charter, Financial Regulation, Conference of State Bank Supervisors, Csbs, Tbtf, Financial Crisis, Senate Banking Committee, Chris Dodd, Too Big to Fail, Transparency, Business News

State bank regulators are warning that Senate Banking Committee Chairman Christopher Dodd's proposal to create one monolithic federal bank regulator w...

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The Real Danger of "One Big Regulator"

Thomas Frank | Posted 11.11.2009 | Business

Read More: Federal Reserve, Regulation, Obama Administration, Alan Greenspan, Financial Regulation, Business News
Thomas Frank

Currently, oversight is dispersed among numerous confusing bodies that at times have seemed to be racing each other to the bottom. Setting up One Big Regulator would end that problem.

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WSJ: AIG CEO Robert Benmosche Ready To Quit Over Pay Constraints

Huffington Post/AP | Posted 11.12.2009 | Business

Read More: Geithner, Regulation, Credit Default Swaps, Obama, White House, Bailout, Insurance, Treasury, Benmosche, Wall Street, Robert Benmosche, New York, AIG Bailout, House, Kenneth Feinberg, Financial Reform, Aig, Metlife, Capitalism, Tim Geithner, Financial Regulation, Executive Compensation, Liddy, Barack Obama, Banks, Socialism, Bonuses, Ken Feinberg, Executive Pay, Edward Liddy, Senate, Business News

NEW YORK — After just three months as head of battered insurer American International Group, Robert Benmosche has threatened to leave his post a...

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Shahien Nasiripour

Derivatives Just "A Sophisticated Form Of Gambling," U.S. Senators Say; Propose Bill Allowing State Gambling Laws To Apply

HuffingtonPost.com | Shahien Nasiripour | Posted 11.10.2009 | Business

Read More: Ron Wyden, Cftc, Financial Reform, Regulatory Reform, Derivatives, Maria Cantwell, Derivatives Regulation, Preemption, Bernie Sanders, Financial Regulation, Gambling, Financial Crisis, Gary Gensler, Business News

In describing the complex and little-understood world of derivatives trading as "a sophisticated form of gambling," three U.S. Senators proposed legis...

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Shahien Nasiripour and Ryan Grim

Dodd's Banking Bill Takes The Fed Down A Notch Or Two: HELP US DIG THROUGH IT

HuffingtonPost.com | Shahien Nasiripour and Ryan Grim | Posted 11.18.2009 | Business

Read More: Senator Chris Dodd, Consumer Financial Protection Agency, Financial Reform, Senate Banking Committee, Banking, Banks, Federal Reserve, Financial Crisis, Chris Dodd, Financial Regulation, Business News

Scroll down to see how you can help HuffPost dig through Dodd's new bill. "This is not a time for timidity," Senate Banking Committee Chairman Chris ...

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Federal Reserve-Led Regulation Opposed By Lawmakers From Both Parties

Patrice Hill | Posted 11.09.2009 | Business

Read More: Treasury Department, Barney Frank, Bank of America, Aig, Banks, Federal Reserve, Timothy Geithner, Obama Financial Reform, Financial Regulation, Ralph Nader, House Financial Services Committee, Business News

An unusual alliance of conservatives and liberals is pushing to break up or downsize banks deemed "too big to fail," rather than create a new regulato...

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Shahien Nasiripour

New Bill Would Keep Public In The Dark About Threats To Financial System

HuffingtonPost.com | Shahien Nasiripour | Posted 11.06.2009 | Business

Read More: Tbtf, Financial Reform, Barney Frank, Too Big to Fail, Financial Crisis, Mel Watt, Systemic Risk Regulator, Financial Stability, Systemic Risk, Gregory Meeks, Financial Regulation, Business News

Members of Congress and the general public may not be told of "potential emerging threats to the stability of the financial system," thanks to a Thurs...

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Nouriel Roubini: 'Too Big To Fail' Revisited

forbes.com | Nouriel Roubini | Posted 11.05.2009 | Business

Read More: Mervyn King, Nouriel Roubini, Financial Reform, Too Big to Fail, Banks, Financial Crisis, Alan Greenspan, Paul Volcker, g20, Financial Regulation, Glass-Steagall, Business News

Although the G-20 finance ministers pledged stronger prudential regulation and financial oversight of systemically important firms at their September ...

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Chris Dodd's New Legislation Would Strip Power From Fed, FDIC

wsj.com | DAMIAN PALETTA | Posted 11.05.2009 | Business

Read More: Fdic, White House, Barney Frank, Financial Reform, Federal Reserve, Chris Dodd, Ben Bernanke, Sheila Bair, Too Big to Fail, Barack Obama, Financial Regulation, Business News

WASHINGTON -- A key Senate lawmaker is readying legislation that would dramatically redraw how the financial system is regulated, setting the chamber ...

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Jim Chanos: Financial Crisis Lessons Investors Have Already Forgotten

businessinsider.com | John Carney | Posted 11.03.2009 | Business

Read More: Financial Crisis, Jim Chanos, Wall Street, Financial Regulation, Six Sigma, Fiscal Policy, Business News

Famed hedge fund manager and short seller Jim Chanos recently gave a presentation at the University of Virginia's Value Investing Conference and the Y...

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The House Financial Reform Bill: Don't Touch the Banks, Get a Smarter Fed

Dean Baker | Posted 11.03.2009 | Business

Read More: Banks, Bailouts, Financial Reform, Barney Frank, Too Big to Fail, Financial Crisis, Financial Regulation, House Financial Services Committee, Business News
Dean Baker

The only people who seem to stand outside the consensus that too-big-to-fail banks are unacceptable are those who hold power and are steering the process of financial reform.

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Shahien Nasiripour

White House Quietly Working To Weaken Investor Protection

HuffingtonPost.com | Shahien Nasiripour | Posted 11.02.2009 | Business

Read More: John Adler, Investor Protection, Worldcom, Financial Reform, Enron, Sarbanes-Oxley Act, Financial Crisis, Consumers, Securities and Exchange Commission, Financial Regulation, Carolyn Maloney, Investors, Business News

The White House is quietly working to undercut a key post-Enron reform, significantly weakening protection for everyday investors and threatening the ...

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Let Us Now Praise Uppity Women

Linda R. Monk, J.D. | Posted 11.02.2009 | Business

Read More: Robert Rubin, Wall Street, Commodities Futures Trading Commission Brooksley Born, Citibank, Banks, Financial Crisis, Larry Summers, Alan Greenspan, Brooksley Born, Citigroup, Regulation, Commodity Futures Trading Commission, Financial Regulation, Business News
Linda R. Monk, J.D.

Women like Brooksley Born have a long history of being whistle-blowers in systems dominated by men. Perhaps this time Congress -- and the American people -- will listen.

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Goldman Sachs Defends Trading Practices: Dark Pools, Flash Trading, Short Selling

Telegraph | James Quinn, US Business Editor | Posted 10.28.2009 | Business

Read More: Economy, Financial Reform, Dark Pools, Regulation, Bankers, Short Selling, Goldman, Investors, Goldman Sachs, Investing, Flash Trading, Wall Street, Finance, Trading Practices, Sec, Trading, Financial Regulation, Business News

In a document handed to the US Securities and Exchange Commission (SEC), the investment bank asserts that such practices, some of which the SEC is loo...

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Shahien Nasiripour

Jamie Dimon, Head of JPMorgan Chase: "Everyone Should Be Allowed To Fail"

HuffingtonPost.com | Shahien Nasiripour | Posted 10.28.2009 | Business

Read More: JPMorgan Chase, Bear Stearns and JPMorgan Chase, J.P. Morgan Chase, Washington Mutual, Too Big to Fail, Regulatory Reform, Office of Thrift Supervision, Ots, Financial Crisis, Aig, Jamie Dimon, Sifma, Financial Regulation, Business News

The head of the country's second-biggest bank, considered by many to be "too big to fail," said Tuesday that no firm should be immune from failure. ...

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