The Securities and Exchange Commission announced that Moody’s Investors Service Inc., one of the nation’s largest credit ratings agencies, has agreed to pay a total of $16.25 million in penalties to settle charges involving internal control failures...
Read Story
August 29, 2018, 07:14 AM
|
New financial reform legislation easing the Dodd-Frank Act (DFA) for smaller and custodial banks is not likely to be a near-term ratings issue but could be negative for some banks' credit profiles over the long term, if it results in significantly...
Read Story
May 25, 2018, 08:00 AM
|
With many brick-and-mortar retailers struggling to stay afloat, industry representatives say the time has come for the U.S. Supreme Court to update the court’s landmark 1992 ruling on the issue and require online sellers to collect sales tax the same...
Read Story
April 23, 2018, 08:00 AM
|
The Federal Reserve Board on Monday approved a final rule requiring the largest, most systemically important U.S. bank holding companies to further strengthen their capital positions. Under the rule, a firm that is identified as a global systemically...
Read Story
July 21, 2015, 07:56 AM
|