AFR in the News: Fees Soar on Structured Notes Tied to Stocks
Bank fees charged on structured notes tied to stocks climbed to a three-year high in the first quarter of 2013,
Category Archives: AFR in the News
AFR in the News: Regulatory Exemption for Swaps Deals Between Bank Affiliates
The Commodity Futures Trading Commission has decided to exempt so-called inter-affiliate swaps deals from its Dodd-Frank-mandated derivatives rules.
AFR in the News: Regulators Closer to Supervising Nonbank Financial Companies
“[I]t has taken federal regulators nearly three years since the passage of Dodd-Frank… to define which nonbank companies, if they were to fail, could threaten the integrity of the country’s financial system.”
AFR in the News: Community Advocates Seek Better Data on Mortgage Relief
Without a neighborhood-by-neighborhood breakdown, “it is impossible to measure the impact of the national mortgage settlement in any meaningful way.”
AFR in the News: Pressing the Case for Derivatives Reform
The Agriculture Committee’s bills would “enable public bailouts of swaps dealers, weaken the ability of regulators to control derivatives trading in overseas subsidiaries of Wall Street banks and establish a blanket exemption for derivatives transactions among the thousands of subsidiaries of global banks.”
AFR in the News: Fledgling Consumer Bureau Branches Out
Under huge pressure and intense scrutiny, the CFPB’s “execution has been pretty darned good,” says AFR ‘s Lisa Donner..
AFR in the News: The Dangers of Chicago’s “Transidebit” Card
Combing through a 1000-page contract, the Tribune found “some eye-opening fees.” Such as $2.95 for “reloading your account online using a credit card.”
AFR Statement on House Swaps Bills
“Last week’s Senate report on JPMorgan Chase’s ‘London Whale’ trades should have redoubled Washington’s resolve to carry out the basic derivatives safety measures of Dodd-Frank. But too many members of the House Agriculture Committee seem to have their heads buried in the sand.”
AFR in the News: Main Street’s Best Friend in Government
“Agencies like the CFPB only come around once in a century,” John Wasik writes on Forbes.com, citing AFR’s summary of the bureau’s work to date.
AFR in the News: Does More Need to be Done About ‘Too Big To Fail?’
AFR’s Marcus Stanley was interviewed by Peter Barnes of Fox Business News on March 11.