Category Archives: Regulations and regulators

Financial Regulatory Rollback Proceeds

No new legislation is necessary for financial regulatory rollback to proceed. Enforcement priorities fail to target Wall Street.

Fiduciary Rule: Helps Not Hurts Wall Street, So Full Rescission Unlikely

WSJ says fiduciary rule helps Wall Street, so rescission unlikely. But still may be better for retail investors than previous status quo.

In First 6 Months Under Trump, Polluters Already Paying Lower Fines to EPA

EPA enforcement of federal clean air and clean water laws drops off, yielding lower fines; trend looks only likely to accelerate.

Private Equity Flouts State Regulations by Buying Medical Practices

State regulators have ignored private equity firms buying medical practices when many states bar non-MDs from owing them.

Quelle Surprise! Financial Firm Fines Are Way Down Under Trump

The latest sighting on how financial firms are getting off easy, yet have the bad taste to complain about their paltry punishments.

Wolf Richter: How Banks Hurt the Real Economy – FDIC’s Hoenig to Senate

The FDIC’s Tom Hoenig takes up the thankless task of shellacking the latest self-serving whinge from Jamie Dimon.

What the US “Health Care Reform” Debate Did Not Address

A sobering compendium of the factors responsible for the rot in the US health care system.

Payday Lending and the CFPB: Another Pending Cordray Fail

CFPB director Richard Corday’s failure to push for a payday lending rule earlier means we’ll see no rule, for the indefinite future.

Bill Black: Subprime Auto Loan Defaults on the Rise

Black discusses subprime auto lending and the failure of federal banking regulators to regulate– a problem that didn’t originate w/ Trump.

SEC Punts on Unfinished Dodd-Frank Agenda, Thus Avoiding Congressional Review Act

The biannual statement of the SEC regulatory agenda quietly deep sixes some long-pending measures, saving them from CRA challenge.

Food, the UK and Brexit: An Even Messier Reprise of Corn Laws Politics?

Surprisingly, or maybe not so, food is emerging as a flash point in Brexit politics.

How Electronic Health Records Degrade Care and Endanger Patients

A deep dive by a practicing surgeon into how electronic health care records are bad for patients and doctors but good for administrators.

Wells Fargo at It Again, Stuck Over 800,000 Customers With Unnecessary Car Insurance

Scheming Wells Fargo just can’t stop itself.

Wolf Richter: Markets, Regulators Ignore Ticking Time Bomb of Shadow Margin Loans

Shadow margin loans are a sign of speculative excess and complacency about risk.