broker-dealers – Regulatory Report

What's up

[ December 3, 2024 ] Proposal would block data brokers from selling sensitive, personal data to scammers, stalkers CFPB
[ December 3, 2024 ] Third round in EGRPRA review of federal banking regulations underway FDIC
[ December 3, 2024 ] FDIC rates 3 banks outstanding’ for CRA, 2 ‘needs to improve’ FDIC
[ December 3, 2024 ] Regcasts hope to explain how nonbanks may ‘register an order’ under new registration requirement CFPB
[ December 2, 2024 ] Report calls evaluation of sexual harassment at FDIC ‘among most important’ for agency OIG FDIC

Rule on orderly liquidation of brokers, dealers in Federal Register Monday

August 28, 2020 0

A final rule on the orderly liquidation of certain brokers or dealers in the event the Federal Deposit Insurance Corp. (FDIC) is appointed receiver under Title II of the Dodd-Frank Wall Street Reform and Consumer Protection […]

Proposal would block data brokers from selling sensitive, personal data to scammers, stalkers

December 3, 2024 0

Data brokers would be blocked from selling sensitive personal data to potential scammers, stalkers and “spies” (those conducting espionage) under a proposal issued Tuesday by the federal consumer financial protection agency. The Consumer Financial Protection Bureau (CFPB) said the proposal [...]
Third round in EGRPRA review of federal banking regulations underway

December 3, 2024 0

Federal banking agencies on Tuesday launched the third part of a four-part review of their regulations to identify those which are outdated “or otherwise unnecessary.” The review – by the Federal Deposit Insurance Corp. (FDIC), Federal Reserve Board, and Office [...]
FDIC rates 3 banks outstanding’ for CRA, 2 ‘needs to improve’

December 3, 2024 0

Sixty out of the 65 banks that received their evaluation ratings in September under a federal anti-redlining statute were deemed “satisfactory,” according to information released Tuesday by the Federal Deposit Insurance Corp. (FDIC). Of the remaining five banks rated, three [...]
Regcasts hope to explain how nonbanks may ‘register an order’ under new registration requirement

December 3, 2024 0

How nonbanks may register an order under a new rule that took effect in September will be the subject of two “regcasts” about the regulation set for Dec. 11 and 17, the federal consumer financial protection agency said Tuesday. The [...]
Report calls evaluation of sexual harassment at FDIC ‘among most important’ for agency OIG

December 2, 2024 0

The evaluation report on the sexual harassment scandal at the federal insurer of bank deposits was termed “among the most important” issued by the agency’s inspector general, it said Monday. In its semiannual report to Congress for the period April [...]
Of 19 banks evaluated under CRA, 3 deemed ‘outstanding,’ OCC reports

December 2, 2024 0

Three of the 19 banks whose Community Reinvestment Act evaluation ratings became public in November were rated “outstanding” by their federal regulator, according to a release Monday. The Office of the Comptroller of the Currency (OCC) said it gave ratings [...]
Agencies set CRA evaluation schedules for 1st, 2nd quarters of 2025

December 2, 2024 0

Nearly 600 banks are scheduled to receive their Community Reinvestment Act (CRA) evaluations sometime during the first or second quarters of 2025, according to schedules released by two regulators. The Office of the Comptroller of the Currency (OCC) schedule shows [...]