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  • Date: 5/29/2014

The Washington Report | For the week ended May 23, 2014 

In this issue...
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Safety & Soundness

  • FDIC Study Indicates Strong Performance and Ongoing Challenges for Rural Community Banks
  • OCC Proposes Rule to Integrate National Bank and Federal Savings Association Licensing Rules
  • Federal Reserve Announces Action against Foreign Bank for Violations of Federal Banking Laws
  • House Committee on Financial Services Passes Multiple Bills Aimed at Small Businesses and Community Banks

 

Enterprise & Consumer Compliance

  • CFPB Director Cordray Offers Remarks at the 2014 Boulder Summer Conference on Consumer Financial Decision-Making
  • CFPB Study Finds Medical Debt in Collections May Penalize Consumer Credit Scores
  • CFPB Releases Supervisory Highlights Profiling Observations in Nonbank Markets
  • Federal Reserve Repeals Regulations DD and P (CFPB Has Ongoing Authority)
  • OCC Finalizes Integration of Certain National Bank and Federal Savings Association Consumer Protection Rules
  • House Subcommittee Conducts Hearing to Consider Legislative Proposals to Modify CFPB

 

Capital Markets & Investment Management

  • CFTC Makes First Whistleblower Program Award
  • SEC Chair Discusses Current Enforcement Environment before the New York City Bar Association 
  • FINRA Chairman and Chief Executive Discusses Investor Trust in Markets at FINRA Annual Conference
  • CFTC Commissioner O’Malia Provides Remarks before the Meeting of the Global Markets Advisory Committee
  • Enforcement Actions

 

Recent Supervisory Actions