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Wednesday, May 30, 2012 Subscribe to NewsGator

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Wednesday, May 30, 2012

Regulatory probes becoming more difficult, risky

American corporate executives and directors are becoming increasingly worried about the legal and business challenges that their institutions will face as a result of regulatory enforcement and legal probes. At an educational roundtable last week, panel members said that the … Read More…

Wednesday, May 30, 2012

CFTC finalizes swaps record-keeping, reporting requirement rule

The Commodity Futures Trading Commission has approved a final rule that would expand swaps record-keeping and reporting requirements to fold in swaps that had previously been left out of the rule. The final rule would expand to include swaps that … Read More…

Wednesday, May 30, 2012

Sterne Agee analysts say some banks will fall short in annual stress tests

As banks with more than $10 billion in assets prepare to conduct annual stress tests mandated under the 2010 Dodd-Frank Act, analysts at the Chicago-based Sterne Agee have predicted that not all banks will perform well. Sterne Agee analyst Todd … Read More…

Wednesday, May 30, 2012

Kansas Rep. Pompeo says federal bureaucracy hindering job creation

Rep. Mike R. Pompeo (R-Kan.) recently said that federal regulations and excessive taxation have become hindrances to job creation. “It is difficult to create jobs when you face an overwhelming tax burden, as well as countless compliance and reporting rules,” … Read More…

Tuesday, May 29, 2012

Senator Toomey clarifies position on Dodd-Frank

U.S. Senator Pat Toomey (R-Pa.), in a letter to The Washington Post editor, responded to suggestions that he did not support the regulation of financial institutions through the 2010 Dodd-Frank Act. In Dana Milbank’s May 23 column, Milbank quoted Toomey … Read More…

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