Sign In
Sign In
Brian Rubin (left), partner at the law firm Sutherland, said in an interview that one issue is that of the “potential” investor. “In the past when we’ve dealt with suitability,” said Rubin, “it has always been addressing actual customers or clients.” This time, however, guidance that he said many characterize as “bizarre” was issued in May that “talks about potential investors, even if that person doesn’t have an account at the firm.”Recommended Stories
Pay Transparency Directive Could Spur ‘Massive Change Management Exercise’
A new EU pay transparency directive has left many organizations feeling unprepared.
Navy Fed Fined $95M for Illegal Overdraft Fees
The CFPB is ordering Navy Federal to refund more than $80 million to consumers, stop charging illegal overdraft fees, and pay a $15 million civil penalty.
NCUA Approves 49 Mergers During the Third Quarter
The list includes six credit unions merging due to poor financial condition and two for poor management.
Resource Center
Report
Sponsored by Elan Credit Card
Consumers' Financial Health and Spending Priorities Guide Credit Card Choices
Unlock insights into the spending habits and motivations of new cardholders! Explore why so many chose general-purpose credit cards and what this trend means for industry leaders.
eBook
Sponsored by Alogent
Streamline Deposit Automation With a Single Platform
Managing deposits effectively is more crucial than ever to keep pace with member expectation. Discover how a transaction level approach to deposit automation delivers unmatched speed, a lower risk for fraud, and reduced operating costs.
White Paper
Sponsored by Alogent
Access this white paper to discover how modern technology is revolutionizing payment experiences while lowering operational costs.
Credit Union Times
Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!
- Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
- Exclusive discounts on ALM and Credit Union Times events.
- Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.
Copyright © 2024 ALM Global, LLC. All Rights Reserved.