Regulation

Speaking Monday in Washington to a conference of the Council of Institutional Investors, Bair also reiterated her agency's hopes to tie a bank's compensation structure to its deposit insurance rate.

WASHINGTON — As the Senate prepares to debate regulatory reform legislation, Sen. Carl Levin is using the failed Washington Mutual Inc. as evidence that the bill's most contentious provisions are necessary.

FINRA fine grew out of blackmail attempt against the firm.

WASHINGTON -- Bank of America Corp. is breaking ranks with other large banks by supporting consumer-protection provisions in regulatory reform legislation, several sources said. The provision has been one of the most controversial elements in the reform effort, and the support of a large financial institution could help build momentum for the idea.

Though touted as a way to avert the next financial crisis, the massive regulatory reform bill awaiting a Senate vote ignores key contributing factors, including an inefficient and outdated regulatory structure, a broken housing finance market and weak underwriting standards that spurred a wave of unaffordable mortgages.

With the tax deadline approaching, investors are deciding whether to convert from a traditional IRA to a Roth IRA.

Although the idea of restricting grantor retained annuity trusts, or GRATs, had been tossed around previously, estate planners didn’t think it would become a reality.

Federal Reserve Board Gov. Daniel Tarullo reiterated Thursday that the Fed needs to move carefully as it unwinds its liquidity facilities to ensure it does not disrupt still-fragile markets.

Or so it would seem as execs, regulators refuse to take blame

The Securities and Exchange Commission announced that Robert J. Keyes has been named Associate Regional Director and Chief of Regional Office Operations in the agency's New York Regional Office.