Subscribe to the Finance Headline RSS feed | Subscribe to the Finance Headline feed via Email

SEC Proposes Framework for Fund Fees; Approves Adviser Disclosure Form Changes

The Securities and Exchange Commission July 21 unanimously proposed extensive changes to the framework for mutual fund distribution fees that would cap…

Small Banks Seen as Consolidating To Cope With Revamped Financial Rules

Although the recently enacted financial reform bill (Public Law No: 111-203) appears to be less burdensome on community banks than their…

Basel Committee Bends to Bank Pressure, Issues Modifications to Basel III

Bending to pressure from the world’s most powerful banks, the Basel Committee on Banking Supervision issues changes to its proposed…

SEC Proposes Framework for Fund Fees; Approves Adviser Disclosure Form Changes

The Securities and Exchange Commission July 21 unanimously proposed extensive changes to the framework for mutual fund distribution fees that would cap…

Obama Signs Reform Bill To Overhaul Regulation of Financial Markets

President Obama July 21 signed into law the Dodd-Frank Wall Street Reform and Consumer Protection Act, the most sweeping overhaul of…

Fee Disclosure of Defined Contribution Plans: The State of Fiduciary Duties

Corporate governance events in the financial services industry over the last few years have caused plan sponsors to pay more attention to transparency and…

Six Bank Failures Bring 2010 Total to 96; Cost Deposit Insurance Fund $335 Million

Six bank failures July 16 brought the year’s total of failed federally insured banks to 96, and cost the deposit insurance fund $334.8 million…

With Reg Reform Complete, Focus Turns To Establishing Consumer Protection Bureau

The Treasury Department will designate a date for transferring powers to the new Consumer Financial Protection Bureau by the end of the summer under…

Goldman Sachs to Pay Record $550 Million to Settle SEC Charges over 2007 CDO

The Securities and Exchange Commission announced July 15 that Goldman, Sachs & Co. has agreed to pay a record $550 million penalty and to reform its…

Senate Sends Financial Regulatory Reform Bill to White House for President’s Signature

The Senate voted 60-39 to approve legislation (H.R. 4173) July 15 that would overhaul regulation of banks and other financial services companies and change…

Next Page »