CFPB Calls for ‘Rigorous’ Standards for Senior Designations
The CFPB told Congress, the SEC and state regulators that the alphabet soup of “senior designations”—more than 50—confuses older Americans and that a three-pronged approach is needed to protect the elderly from fraud.
White Gets Senate Banking Nod to Be Next SEC Chief
Her nomination now goes to the full Senate, where it is expected to meet little resistance.
Mary Jo White Commits to Reviewing Fiduciary Comments
Mary Jo White told the Senate Banking Committee on Tuesday that she would “commit” to reviewing the request for public comment on the agency’s fiduciary rule before releasing a proposal.
Mary Jo White Hearing Set for March 12
The Senate Banking Committee will hold a hearing Tuesday to consider the nomination of Mary Jo White as the next SEC chairwoman.
Top Regulators to Testify on Dodd-Frank Progress
The nation’s top financial regulators will testify before the Senate Banking Committee on Thursday regarding the progress of the Dodd-Frank Act.
Obama Names Mary Jo White New SEC Chief
President Obama on Thursday named Mary Jo White as the new chairwoman of the SEC, taking over from Elisse Walter.
Top 13 Regulatory Predictions for 2013
Former SEC Commissioner Annette Nazareth, who’s now with Davis Polk & Wardwell, and her colleague Gabriel D. Rosenberg released in early January their list of 13 key regulatory predictions for this year.
CFPB to Police Debt Collectors
The CFPB published a rule Wednesday that will allow the agency to federally supervise the larger consumer debt collectors.
CFPB Proposes to Ease Credit Card Access for Stay-at-Home Spouses
The bureau's fix would clarify a CARD Act rule that is intended to protect college students but has ensnared non-income-earning spouses and partners.
CFPB Orders Amex Units to Repay $85M on Illegal Practices
The CFPB says the companies violated consumer protection laws “at every stage” that ranged from marketing practices to enrollment, payment and debt collection.