Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Washington
Inside Washington (09/14/2010)
* WASHINGTON (9/15/10)--Nonbanks would be exempt from regulations proposed by the European Commission that would require financial institutions to route much of their trades through clearing houses, said Dow Jones (Sept. 14). The draft legislation, expected to be published today, would exempt the nonbanks if their trades do not pose systemic risk. The European Securities and Markets Authority and the European Commission will set the exemption’s threshold ... * WASHINGTON (9/15/10)--Arthur Lindo, chief accountant at the Federal Reserve, sought to relieve financial industry concerns that regulatory reform would lead to an excess of regulatory supervisors (Dow Jones Sept. 14). The Fed will attempt to coordinate activity with other agencies better than it has in the past, Lindo said at a conference in Washington, D.C. The Dodd-Frank Act would incorporate thrift holding companies into the Fed’s supervisory process. It also will supervise nonbank financial companies that are deemed systemically significant. Lindo said the Fed already has created a “cross disciplinary” team to monitor the institutions ...


RSS





print
News Now LiveWire
Construction spending drops in January, according to @CommerceGov http://t.co/W9J1mDyF8X #Market #NewsNow
5 hours ago
During Nat'l Consumer Protection Week, @TheNCUA reminds #CU members of agency resources re: rights as consumers. http://t.co/aYgW1HoDmF
6 hours ago
.@TransUnion: #millennials climbing into driver's seat with loans http://t.co/S4H9OIB3Av
7 hours ago
Breaking at #NewsNow: @CUNA backed bill introduced by @RepEdRoyce @GregoryMeeks would raise MBL cap. #CUSmallBiz http://t.co/ZDAb2UMoQz
9 hours ago
Loan growth at federally insured #creditunions in 2014 climbed to highest level since 2005, @TheNCUA reported today. Watch News Now Tues.
9 hours ago