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Families will save over $10 billion annually thanks to the CFPB's reduction of credit card late fees.

The CFPB has finalized a rule to lessen the impact of credit card late fees on American households, a step toward protecting consumer financial interests.

By Tyree Schoen | March 06, 2024 | 0 Comments

Managing Compliance: The Significance of Documentation in Financial Institutions

The importance of meticulous documentation in the ever changing world of financial regulation cannot be emphasized. This has been highlighted by recent enforcement actions by the Commodity Futures Trading Commission (CFTC) and the U.S. Securities and Exchange Commission (SEC), with Wall Street businesses facing fines surpassing $1.5 billion for violations of recordkeeping regulations.

By Tyree Schoen | February 20, 2024 | 0 Comments