Financial Regulatory Forum

U.S. financial regulation: Three things to watch, and two not to, in 2011 – Complinet column

By Guest Contributor
January 3, 2011

MARKETS-STOCK/By Scott McCleskey, Complinet

The past year was a busy one for those interested in financial reform – you know, Dodd-Frank and all that. But the new year will be even more fateful in shaping the markets for decades to come. It is likely to be the most critical of the post-financial crisis period. The reason is that Dodd-Frank only gave the regulators their marching orders, and 2010 mostly saw just the preliminaries to the really tough regulation. It will be in 2011 that actual rules will be proposed, finalized and implemented – and all by mid-year, if deadlines are met. It will also be when the Republicans hit the beach in the House and attempt to moderate or reverse many of the reforms already underway.

FED FOCUS-With broader powers, Fed to face greater scrutiny

By Reuters Staff
June 25, 2010

By Pedro Nicolaci da Costa

WASHINGTON, June 25 (Reuters) – As officials at the Federal Reserve may soon discover, more isn’t always better.

“Don’t fight the Fed” gets new meaning in Senate debate

By Reuters Staff
May 13, 2010

By Rachelle Younglai and Kristina Cooke

WASHINGTON/PHILADELPHIA, May 12 (Reuters) – The shaping of the U.S. financial reform bill has given a new meaning to the old market adage “Don’t Fight the Fed.”

from MacroScope:

Spitzer: NY Fed “an absolute sinkhole”

April 14, 2010

To say former New York Governor Eliot Spitzer is no fan of the Federal Reserve Bank of New York would be an understatement.

BREAKINGVIEWS-Far too little stress in U.S. bank reform

By Reuters Staff
April 6, 2010

– The author is a Reuters Breakingviews columnist. The opinions expressed are his own –

ANALYSIS-Deck chairs secure aboard USS Financial Regulation

By Reuters Staff
March 22, 2010

By Kevin Drawbaugh

WASHINGTON, March 21 (Reuters) – The big U.S. government agencies in charge of policing banks and markets, despite being excoriated over the severe 2008-2009 financial crisis, have successfully dodged a major structural shake-up.

US senators wrestle with Fed bank oversight issues

March 8, 2010

   By Kevin Drawbaugh and Rachelle Younglai
   WASHINGTON, March 8 (Reuters) – The Federal Reserve could retain oversight of large bank holding companies under a scaled-back regulatory reform plan being considered by key senators, but important questions remained unanswered, lobbyists said on Sunday. (more…)

Bipartisan US financial reform deal uncertain – Sen. Dodd

By Reuters Staff
March 6, 2010

By Kevin Drawbaugh

WASHINGTON, March 5 (Reuters) – Senator Christopher Dodd, chief negotiator for the Democrats in U.S. Senate talks on financial regulation reform, said on Friday he was uncertain whether bipartisan support for a compromise bill could be achieved.

US Fed seeks limit on credit card penalty fees

By Reuters Staff
March 3, 2010

WASHINGTON, March 3 (Reuters) – The U.S. Federal Reserve on Wednesday proposed another new rule to strengthen consumer protections against abusive practices by credit card issuers, including limiting penalty fees and requiring them to reconsider past interest rate hikes.

PENPIX – Whom will Obama name to fill U.S. Fed vacancies?

By Reuters Staff
March 3, 2010

WASHINGTON, March 3 (Reuters) – President Barack Obama is sifting through candidates for three vacant seats on the Federal Reserve Board, including the No. 2 spot that comes open when Vice Chairman Donald Kohn departs on June 23.