Now is the Time to Guard Against Reckless Banking Legislation -
“Only a structural change to the way Congress acts on financial regulation will prevent future losses.”
Why this is important: An old adage is that...more
4/3/2023
/ Bank Deposits ,
Banking Sector ,
Banks ,
Class Action ,
Cybersecurity ,
Depository Institutions ,
Disclosure Requirements ,
FDIC ,
Financial Crisis ,
Financial Institutions ,
Financial Regulatory Reform ,
Financial Services Industry ,
Overdraft Fees ,
Proposed Legislation ,
Regulatory Agenda ,
Securities and Exchange Commission (SEC)
With plaintiff attorneys seeing potential large dollar settlements and verdicts, along with increased regulatory scrutiny, banks need to review their overdraft practices.
As noted by the American Bankers Association, banks...more
3/22/2023
/ Arbitration ,
Arbitration Agreements ,
Banking Sector ,
Banks ,
Class Action ,
Congressional Review Act ,
Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Disclosure ,
Dispute Resolution ,
Dodd-Frank ,
Financial Institutions ,
New Rules ,
Overdraft Fees ,
Regulatory Requirements