SEC’s Use of In-House Judges Cast in Doubt by Supreme Court
The US Supreme Court’s conservative majority cast doubt on the Securities and Exchange Commission’s use of in-house judges,
1970-01-01 08:00
Bank of America to Pay $12 Million Over Reporting of False Mortgage Data
Bank of America Corp. agreed to pay $12 million in fines for submitting false mortgage-lending information to the
1970-01-01 08:00
Toyota Ordered to Pay $60 Million for Misleading on Auto Loans
The lending arm of Toyota Motor Corp. will pay $60 million to settle allegations by a US regulator
1970-01-01 08:00
Biden Is Going After ‘Junk Fees.’ Here’s What That Means
President Joe Biden is expanding his crackdown on so-called “junk fees,” or charges that raise the prices of
1970-01-01 08:00
Supreme Court Justices Signal Support for US Consumer Agency’s Funding System
US Supreme Court justices suggested they aren’t likely to declare the Consumer Financial Protection Bureau’s funding system unconstitutional,
1970-01-01 08:00
Credit-Repair Firms Agree to Settle CFPB Claims for $2.7 Billion
Some of the country’s largest credit-repair businesses agreed to settle US Consumer Financial Protection Bureau allegations of illegal
1970-01-01 08:00
Where the Republican Presidential Candidates Stand on Five Key Economic Issues
Donald Trump’s place at the top of the polls for the 2024 Republican presidential nomination makes him a
1970-01-01 08:00
Wall Street’s Use of AI and Data Analytics Faces New SEC Rules
Wall Street’s main regulator is unveiling proposed restrictions for brokerages and money managers that use artificial intelligence to
1970-01-01 08:00
Equifax Says CFPB Probing Data-Accuracy Issues in Workforce Unit
Equifax Inc. said a key financial regulator is investigating how the company handles disputes and data accuracy within
1970-01-01 08:00
Top US Consumer Watchdog Plots More Regulation for AI in Lending
The top US consumer financial watchdog is sharpening his focus on lenders’ use of artificial intelligence when making
1970-01-01 08:00
US Consumer Watchdog Puts Card Issuers on Notice After BofA ‘Junk Fee’ Settlement
The top US consumer watchdog will closely monitor whether credit-card issuers follow through on their marketing promises of
1970-01-01 08:00
Bank of America to Pay $250 Million to Settle US ‘Junk Fee’ Case
Bank of America Corp. agreed to pay $150 million to regulators and $100 million to customers for improperly
1970-01-01 08:00