Regulatory & Compliance

Rep. Ann Wagner says the best interest standard her new bill proposes "applies to both investment and retirement accounts, unlike Labors rule."

The CFPB's Cordray fires back, saying the OCC cannot challenge arbitration rules.

Largest consolidations occur in Washington, California and North Dakota; two credit unions merge because of poor financial condition.

Largest consolidations occur in Washington, California and North Dakota; two credit unions merge because of poor financial condition.

Rep. Ann Wagners bill seeks to replace the rule with a best interest standard on BDs investment recommendations.

The NCUA board meets next week and will discuss soliciting comments on the corporate stabilization fund.