JPMorgan Fined $348 Million for Lapses in Trade Monitoring
Posted inBanking and Financial Institutions Commodity Futures Trading Commission Fines (Penalties) Insider Trading JPMorgan Chase & Company Office of the Comptroller of the Currency Regulation and Deregulation of Industry Securities and Commodities Violations

JPMorgan Fined $348 Million for Lapses in Trade Monitoring

Regulators, which rely on the bank for information that helps prevent insider trading and market manipulation, said customer data from around 30 platforms was missing.
Banks Sue Regulators Over Anti-Redlining Rule
Posted inBanking and Financial Institutions Community Reinvestment Act Federal Deposit Insurance Corp Federal Reserve System Independent Community Bankers of America Minorities National Community Reinvestment Coalition Office of the Comptroller of the Currency Regulation and Deregulation of Industry Small Business Suits and Litigation (Civil) Texas United States Chamber of Commerce

Banks Sue Regulators Over Anti-Redlining Rule

A new lawsuit says federal agencies overstepped their authority in a rule forcing banks to do business in underserved communities.
What Is the Basel III Endgame, and Why Are Banks So Upset About It?
Posted inBanking and Financial Institutions Basel Committee on Banking Supervision Federal Deposit Insurance Corp Federal Reserve System Lobbying and Lobbyists Mortgages National Community Reinvestment Coalition Office of the Comptroller of the Currency Pensions and Retirement Plans Regulation and Deregulation of Industry

What Is the Basel III Endgame, and Why Are Banks So Upset About It?

Federal regulators want to raise capital requirements for big banks. Their plan is drawing criticism from groups that aren’t normally aligned with the industry.