Reynolds Holding

APRIL 24, 2023

On April 3, 2023, the Consumer Financial Protection Bureau (“CFPB”) issued a policy statement regarding what constitutes an “abusive” act or practice (the “Policy Statement”). [1] Nevertheless, the Policy Statement will be published in the Federal Register, and comments may be submitted until July 3, 2023. [5]

Banking 45

Banking Marketability 45

Reynolds Holding

AUGUST 17, 2022

Last week, the CFPB took three actions demonstrating the agency’s continued focus on technology companies and personal financial data protection. They also reflect the agency’s ongoing emphasis on the potential misuse and abuse of personal financial data, in particular by technology companies.

Finance 45

Finance Marketability Technology Banking 45

Reynolds Holding

MAY 24, 2022

Congress has empowered the SEC to bring civil enforcement actions seeking a variety of sanctions, including monetary penalties, in either a federal court or in agency proceedings before administrative law judges (ALJs) at the SEC. The Supreme Court Accepts Cochran v. This challenge follows from the Supreme Court’s decision in Lucia v.

45

45

Reynolds Holding

APRIL 18, 2022

and international antitrust enforcement agencies set forth their enforcement priorities. antitrust agencies emphasized that the agencies are primed to litigate more cases, challenge more mergers, and use all enforcement tools at their disposal. Continued agency focus on “Big Tech” and labor markets.

Marketability 56

Marketability Technology Banking 56

Reynolds Holding

MAY 12, 2022

The CFPB plans to use its authority to examine any company providing consumer financial products or services that the CFPB has “reasonable cause” to believe poses risks to consumers. The CFPB says that its announcement and rule proposal are a response to the rapid growth of consumer financial services offered by fintechs.

Marketability 45

Marketability Compliance Banking 45

Reynolds Holding

JULY 19, 2022

3] Banks and other financial service providers contemplating or currently offering crypto-custody services through sub-custody arrangements with digital asset platforms may be impacted by this uncertainty to the extent that they hold their customers’ digital assets in omnibus accounts at the exchange.

Banking 49

Banking Marketability Finance 49

Reynolds Holding

APRIL 23, 2023

They both knew how important it was to protect investors and promote our capital markets. It also established this important agency I’m honored to chair, the Securities and Exchange Commission. Rayburn and Roosevelt helped birth this agency in the age of radio. Rayburn was not new to the issues of stocks and bonds.

Treasury 45

Treasury Marketability Finance Technology 45

Reynolds Holding

SEPTEMBER 12, 2023

Protecting the Public for 90 Years For 90 years, the federal securities laws and the SEC’s work to oversee them have played a crucial role for the public both in good times and in times of stress. The dedicated staff of this agency does extraordinary work with limited resources. I am proud of this agency.

Banking 40

Banking Treasury Marketability Equity 40

Reynolds Holding

NOVEMBER 13, 2023

The Interpretive Guidance and Analytic Framework replace the 2019 Interpretive Guidance and include both procedural and substantive modifications that could facilitate new nonbank financial company designations (“ SIFI designations ”).

Treasury 40

Treasury Finance Marketability Equity 40

Appraisers Blog

FEBRUARY 28, 2022

The proposed rules are a joint effort by the Consumer Financial Protection Bureau, the Office of the Controller of the Currency, the Federal Deposit Insurance Corporation, the National Credit Union Administration and the Federal Housing Finance Agency. Remember markets are not static and are.

Appraisal 96

Appraisal Finance Marketability 96

Appraisers Blog

MARCH 29, 2023

Waiving appraisal requirements on residential homes could erode consumer protection, stall attempts to create diversity in the profession… The recent announcement from Fannie Mae that they will waive the requirement for residential home appraisals has caused quite a stir in the industry.

Appraisal 97

Appraisal Banking Marketability Finance 97

Appraisers Blog

APRIL 10, 2023

The Federal Housing Finance Agency is a is a critical provider of the data necessary for oversight, enforcement and research, FHFA Director Sandra Thompson noted during a discussion in late March. How can it be said that valuing a property lower than its eventual sale price based on current market evidence is tantamount to BIAS?

Appraisal 89

Appraisal Finance Marketability 89

Appraisers Blog

MARCH 22, 2023

At the crossroads of it all is a campaign to weaken or eliminate valuations… The nonprofit is now exploring ways it can set standards for automated valuations… Expect greater distortions from Freddie and Fannie’s plodding and committee-driven foray into automated valuations.

Appraisal 85

Appraisal Marketability Finance 85

Appraisers Blog

MARCH 30, 2022

More great research from AEI. This is an analysis of Freddie Mac’s misleading and basically defamatory paper on Appraisal Gap. When government related entities release misleading information like this they are attacking and defaming real estate appraisers.

Appraisal 96

Appraisal Finance 96

Reynolds Holding

JANUARY 4, 2024

The Financial Stability Oversight Council released its 2023 Annual Report, highlighting its 2023 activities, significant financial market and regulatory developments and potential emerging threats to U.S. financial stability. financial stability. financial system. . financial system. financial system.

Banking 59

Banking Marketability Finance Technology 59

Reynolds Holding

NOVEMBER 29, 2022

Is it a financial asset? Financial assets include bank loans, direct investments, and official private holdings of debt and equity securities and other instruments. Bureau of Economic Analysis. [2]. There is a legal definition of an exchange in the context of financial assets. Why Did Authorities Accept that Definition?

Marketability 137

Marketability Banking Start-ups Finance 137

Reynolds Holding

MAY 18, 2023

Consistent with our congressional mandates, one of our key aims is to protect the investing public against potentially significant financial and reputational costs from cyberattacks and data breaches. The Commission has proposed several rules that are designed to protect investors in our capital markets from cyber risks.

Marketability 45

Marketability Technology Compliance Equity 45

Reynolds Holding

OCTOBER 17, 2023

On October 11, 2023, the Federal Trade Commission (FTC) issued a proposed rule to prohibit so-called junk fees, and the Consumer Financial Protection Bureau (CFPB) issued an advisory opinion to large banks and credit unions on charging fees for financial account information.

Banking 40

Banking Finance 40

Appraisers Blog

FEBRUARY 25, 2024

How many racial bias claims have been filed with the Federal Agencies? The national team began looking into this partially because of the government’s creation of the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE) and the statements by the CFPB, HUD and other agencies.

Appraisal 91

Appraisal Comps Banking Equity 91

Reynolds Holding

FEBRUARY 19, 2024

Beyond public image risk, bias and error can result in significant legal and enforcement risk, particularly for highly regulated industries that are subject to consumer protection laws. Corporate leaders should prioritize cybersecurity investment and develop, or outsource AI defense mechanisms to protect their systems.

Technology 45

Technology Banking Finance Treasury 45

Reynolds Holding

DECEMBER 12, 2022

Companies have increasingly leveraged artificial intelligence (“AI”) to facilitate decisions in the extension of credit and financial lending as well as hiring decisions. At the federal regulatory agency level, the Consumer Financial Protection Bureau (“CFPB”) published guidance in May 2022 for financial institutions that use AI tools.

Technology 45

Technology Finance Equity 45

Reynolds Holding

MARCH 27, 2024

Far from representing a coordinated, interagency approach to a federal statute (the BMA) that provides for a single set of standards and criteria for acting on a bank merger application, each of these efforts reflects the different views of each agency as to how bank merger transactions should be evaluated.

Banking 45

Banking Marketability Specific Risk Finance 45

Reynolds Holding

MARCH 31, 2024

banking regulators have proposed policy statements focused on providing greater insight on the agencies’ review of bank mergers and acquisitions under the Bank Merger Act (BMA). [1] The acquirer has composite and management ratings of 1 or 2 under the Uniform Financial Institution Ratings System (UFIRS) or ROCA rating system.

Banking 45

Banking Compliance Marketability 45

Reynolds Holding

APRIL 21, 2022

Although the proposed rules do not impose industry-specific requirements, in certain areas they would have a particularly significantly impact on companies in the financial sector. In addition, financial institutions will need to consider their obligations under certain state, federal and non-U.S. BACKGROUND.

Finance 45

Finance Banking Compliance Equity 45

Reynolds Holding

JULY 16, 2023

While Axon was a limited, procedural ruling insofar as it did not opine on the underlying merits of any constitutional challenge, the decision affords companies—including merger parties—facing adverse action in the setting of in- house agency forums the opportunity to press constitutional claims at an early stage in a neutral Article III court.

Banking 40

Banking Equity Technology Marketability 40

Reynolds Holding

APRIL 8, 2024

In this regard, it is much more of a national security restriction on certain types of transactions than an attempt to regulate data protection by Executive Order. 1701 et seq.) 1701 et seq.) (“IEEPA”), the National Emergencies Act (50 U.S.C. 1601 et seq.) (“NEA”), and section 301 of title 3, United States Code, to enact the EO.

Compliance 45

Compliance Technology Banking Treasury 45

Reynolds Holding

MARCH 27, 2023

The Supreme Court Is Again Being Asked To Decide On The Constitutionality Of The CFPB On October 19, 2022, the Fifth Circuit decided Community Financial Services Association of America Consumer Financial Protection Bureau , 51 F.4th The CFPB’s funding structure is considered unique among the federal agencies.

Technology 59

Technology Start-ups Compliance Finance 59

Reynolds Holding

NOVEMBER 2, 2023

On Monday, the Biden Administration issued a long-awaited executive order on artificial intelligence, directing agencies across the federal government to take steps to respond to the rapid expansion in AI technology. AI-driven discrimination. Marketplace competition.

Treasury 45

Treasury Technology Marketability Banking 45

Value Scope

SEPTEMBER 24, 2020

The notion that we can come together and we can get our regulator to focus on an amorphous set of qualities other than the long-term financial value of a corporation, I think we’re fooling ourselves,” said Commissioner Peirce on CNBC’s Squawk on the Street. . It was devised to sound like “FASB,” the Financial Accounting Standards Board.

Intangible Assets 130

Intangible Assets Alpha Beta Marketability 130

Reynolds Holding

AUGUST 29, 2022

Since President Biden issued his July 2021 Executive Order on Competition, the antitrust agencies have made broad policy statements promising more aggressive enforcement and have initiated a number of high-profile enforcement actions. Certain areas of key focus by the agencies over the last year are described below.

Compliance 45

Compliance Private Equity Firm Equity Marketability 45

Cooley M&A

JANUARY 18, 2017

President-elect Donald Trump’s DOJ and FTC transition team appointments and public short list of candidates to run the agencies indicate that antitrust enforcement in the Trump Administration will most likely mirror recent Republican administrations, which have tended to be less interventionist than Democratic administrations.

eCommerce 52

eCommerce Marketability Technology 52

Reynolds Holding

SEPTEMBER 5, 2023

Instead, the Common Good Guys embrace counter-Enlightenment philosophies that threaten to undermine not only administrative agencies but also the legal foundations of our democratic republic. Environmental Protection Agency , to curtail administrative agency discretion. [24] Call them the Common Good Guys. [5]

Finance 98

Finance 98