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Banking

ABA, associations: SEC rule would hurt investors, financial markets

admin May 9, 2023 0 Comments

The Securities and Exchange Commission's proposed rule to safeguard the assets of advisory clients would significantly harm investors and financial markets and exceeds the commission's regulatory authority, according to a…

Banking

ABA asks SEC to investigate manipulative short selling of bank shares

admin May 5, 2023 0 Comments

Noting that recent stock market activity from several banks seemed disconnected from the underlying fundamentals of banking health, the American Bankers Association yesterday urged the Securities and Exchange Commission to…

Banking

ABA, associations: CFPB proposal would limit access to credit

admin May 5, 2023 0 Comments

The Consumer Financial Protection Bureau's "untested and unvalidated assumptions" about credit card late fees are incorrect, particularly about the deterrent effect of late fees, and result in a "flawed policy,"…

Banking

ABA reiterates support for FTC proposal against impersonators

admin May 4, 2023 0 Comments

In its testimony today, the American Bankers Association once again urged the Federal Trade Commission to adopt rules to prohibit impersonation of government, business, and their officials, and to prohibit…

Banking

ABA offers strong support for bipartisan SAFE Act

admin May 3, 2023 0 Comments

The American Bankers Association this week wrote Congressional leaders to offer strong support for the bipartisan SAFE Banking Act, a bill long championed by the association that would address the…

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Impact on manufacturing and small businesses

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CFPB warns against storing money in apps that lack deposit insurance

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How law firms can find the right cybersecurity solutions

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