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Report warns online lenders sidestep federal regs because they may only be subject to state rules.
Some say the report serves as a warning for regulator consolidation, while others believe no changes are on the horizon.
A new report says the fragmented financial regulatory structure creates exam and regulatory process inconsistencies.
Metsger is mum on his opinion, but McWatters says he'd prefer a partial return to an 18-mo cycle later this year.
Regardless of who wins the White House, regulatory burden remains a looming issue for credit unions.
The cost of regulations represent 80% of credit union earnings.
The OCC mandates cease-and-desist orders for BSA/AML violations and releases a CMP matrix. Will the NCUA follow suit?
The CFPB’s first data security-related action should put other companies on alert, legal experts say.
Editorial commentary on current issues from CU Times' editorial staff and correspondents.