Regulation

Democrats and Republicans escalated the war of words over regulatory reform on Tuesday, with the GOP saying the current bill is unacceptable and the White House objecting to any compromise.

Four years after the Federal Deposit Insurance Corp. launched an elaborate deposit insurance pricing system, the agency has gone back to the drawing board.

At MetLife’s sixth annual benefits symposium in Washington this week, Treasury and Department of Labor officials discussed the difficulties of including annuities in 401(k)s. The two agencies have asked the public for comments through May 3 on including lifetime income solutions in employer plans.

Regulator calls for tracking individual loans to increase transparency of private deals.

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massive regulatory reform bill awaiting a Senate vote ignores key contributing factors, including an inefficient and outdated regulatory structure, a broken housing finance market and weak underwriting standards that spurred a wave of unaffordable mortgages.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.