Federal Reserve Board Governor Michelle W. Bowman criticized proposed new capital requirements for banks with more than $100 billion in assets, arguing that the increases were not supported by facts and analysis and could lead to reduced credit availability and increased cost of credit.
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The CFPB summarized the structure, implementation and enforcement mechanisms of a number of state-level Community Reinvestment Acts.
The OCC, the Federal Reserve Board and the FDIC adopted a new framework for the implementation of the Community Reinvestment Act.
The SEC charged an alternative investment platform for misleading investors by failing to disclose "critical information" in an asset-backed securities offering.
The SEC approved the MSRB rule amendments to establish core standards of conduct and duties for "solicitor municipal advisors."