Stress testing the stress tests
U.S. banks have passed the Federal Reserve’s stress tests with flying colors, again. It makes you wonder if the stress tests are actually stressful enough.
New bill calls for GSEs to buy and securitize construction loans
The bill was one of three filed on Thursday aimed at reforming the two government-sponsored enterprises, all of them from Representative Scott Fitzgerald, a Wisconsin Republican.
Should advisors even care if SEC green-lights semiannual reporting?
Whether advisors choose individual stocks or not, the SEC’s proposal to allow semiannual reporting rather than quarterly could impact clients’ portfolios.
FDIC Publishes Enforcement Orders for May 2026
PRESS RELEASE | JUNE 26, 2026 FDIC Publishes Enforcement Orders for May 2026 WASHINGTON—The Federal Deposit Insurance Corporation (FDIC) today published a list of orders of administrative enforcement actions taken against banks and individuals in May 2026. There are no administrative hearings scheduled for July 2026. Order to Pay Civil Money Penalty: Alliance Community Bank, […]
How to win clients’ held-away assets without being pushy
Many clients avoid consolidating their assets at a single firm because they don’t want the hassle. Advisors say it’s important when to know not only when they’re most likely to want to move assets, but also what to say.
Tokenized stocks are coming, whether US regulators like them or not
Foreign investors are gobbling up tokenized U.S. equities while domestic investors remain unable to take advantage of the opportunities such assets offer. U.S. policymakers need to level the playing field.
Ordinary savers deserve access to private market returns
Restrictions that limit access to private market investments are harmful to ordinary investors, who are denied better returns. They also seal off a large potential source of funding for long-term infrastructure investments.
CFPB makes changes to complaint portal, citing abuse
The Consumer Financial Protection Bureau is overhauling its consumer complaint portal after receiving 6.6 million complaints last year, more than double the 3.2 million in 2024, citing abuse by credit repair firms and social media influencers.
Morgan Stanley gets conditional approval for trust charter
The wealth management firm received its conditional approval from the OCC as it seeks to manage custody of digital asset investments for its clients.
Georgia bank makes deal to expand into South Carolina
Colony Bankcorp has reached a $163 million deal to acquire Florence, South Carolina-based First Reliance Bancshares.