Regulatory & Compliance

WASHINGTON -- Effective immediately, the Securities and Exchange Commission and the U.K. Financial Services Authority banned short selling at financial institutions in an effort to protect the integrity and quality of the securities market and strengthen investor confidence.

WASHINGTON -- In the wake of criticisms by leaders of both parties in Congress that they were being shut out of the process, Treasury Secretary Henry Paulson, Federal Reserve Chairman Ben Bernanke and Securities and Exchange Commission Chairman Christopher Cox went to Capitol Hill last night to discuss plans for...

ALEXANDRIA, Va. -- The NCUA is scheduled to discuss and vote on final rules on the use of its logo in advertising and implementation of the Freedom of Information Act at its meeting next Thursday at its headquarters here.

WASHINGTON -- A coalition of minority groups, card issuers and business organizations has issued a proposal that they hope will keep the needs of low-income consumers for affordable credit from being swallowed up in consumer protection regulations.

PORT ARTHUR, Texas -- The Ike-battered credit unions of southeast Texas, operating all week on backup generators, skeleton staffs, no Internet and limited member service, were starting at last to get power Thursday.

WASHINGTON -- Credit union employees, volunteers and members who want to learn about the nuts and bolts of the NCUA's Share Insurance Program can sign up for the agency's Webinar scheduled for Oct. 7.

WASHINGTON -- U.S. Rep. Paul Kanjorski, one of the credit union movement's strongest allies on Capitol Hill, is down by nine points in his effort to win a 13th term, according to poll released this week by Franklin & Marshall College.

WASHINGTON -- In an attempt to slow the credit crunch, the Federal Reserve and several of its counterparts abroad pumped money into global markets today.