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Capitol Account

Robert Schmidt, Ryan Tracy
Hundreds of paid subscribers

Where Wall Street Meets Washington: Financial Regulation News

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Latest Issues

No Fed, No Deal: CRA Plan Gets Cool Reception From Banks

Also, Finra’s Cook signals best execution rule will stay flexible

The FDIC and OCC’s recent proposal to ease Community Reinvestment Act rules was supposed to be a boon for banks. Many don’t see it that way.

17 hours ago
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OCC Blasts Biggest Banks for Dropping Customers Over Political and Religious Views

SEC signs off on Cboe’s KPI binary options but sidesteps CFTC turf question; Selway says trade-through rule repeal likely to be finalized early next year

The OCC accused the country’s largest banks today of cutting ties with customers to a...

42 hours ago
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‘Chaos Nationwide’: States, Tribes and NFL Push Justices to Take Up Sports Contracts Case

Also, BofA agrees to pay $1.2 billion to resolve anti-money laundering probe; Tether CEO defends company’s record on illicit finance

A powerful array of interests is lining up at the Supreme Court behind states’ bid to assert authority ove...

3 days ago
1
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Talking Private Markets With AngelList’s Top Lawyer

Also, SEC proposal would let funds cross trade bonds; Trump revives campaign to oust Fed’s Cook; CFTC declares casino bets aren’t swaps

[Note to readers: Capitol Account will be off Monday for the federal holiday.]

7 days ago
2
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Industry Urges Regulators to Coordinate on Rewrite of Bank Exam Secrecy Rules

Also, Nasdaq offers dim view of SEC’s innovation exemption; Amex fined $350 million for AML violations

Bank regulators are moving to lift the veil of secrecy around examinations, rewriting rules on “confidential supervisory information” th...

8 days ago
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Authors

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  • Robert Schmidt

    Before starting Capitol Account, Robert Schmidt was a reporter at Bloomberg News for 20 years where he wrote stories that highlighted the impact of government policy on Wall Street firms. Schmidt can be reached at: [email protected]

  • Ryan Tracy

    Co-Writer

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