When Wolters Kluwer asked bankers recently which regulatory concerns keep them up at night, 46% said "regulatory reform" referring to new rules stemming from the Dodd-Frank Act and the Consumer Financial Protection Bureau.
But more than a third (35%) of respondents in its regulatory and risk management study said they are alarmed about new consumer lending regulations, including the CFPB's new mortgage lending rules and changes to the Truth in Lending and Real Estate Settlement Procedure acts.
Register or login for access to this item and much more
All Financial Planning content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access