Industry Reports Archive

by William “Bill” C. Athanas and Andrew “Drew” A. Warth Lost among the flurry of recent media stories was a relatively quiet but vitally important pronouncement by the Department of Justice: a policy enabling companies to avoid criminal prosecution when violations were uncovered and ...Read More

by Charles W. Prueter and Brant Biddle As so often happens, with an end comes new beginnings. The Supreme Court’s 2017–18 term now has come to a close, with no shortage of big cases to consume the attention of Court watchers and the media. ...Read More

By Charles W. Prueter, Waller Awaiting the end of June with great anticipation is an annual affair for Court watchers around the country. Many of the most consequential and ground-breaking decisions each year are released in June, as the Supreme Court closes the term ...Read More

In late January of 2018, FinCEN announced the update to the Suspicious Activity Report (SAR) that will be available on June 22, 2018. The updated SAR form has been revised and includes half a dozen changes. These changes include: a new field that will ...Read More

by Rob Nichols, president and CEO of the American Bankers Association One of the reasons the banking industry is seeing an improved policy environment in Washington is because bankers have spent the last few years telling their stories. They didn’t ask for regulatory relief ...Read More

Background On March 14, the United States Senate passed S. 2155, the Economic Growth, Regulatory Relief, and Consumer Protection Act, which if enacted would provide significant regulatory relief to smaller financial institutions, including community banks, credit unions, midsize banks, small regional banks, and custody ...Read More

By Jennifer Kirby, Compliance Alliance Nearly a year ago, a Texas district court judge completely rejected investment industry advocacy groups’ arguments that the Department of Labor exceeded its authority in crafting the Fiduciary Rule. On March 15,  the United States Court of Appeals for the ...Read More