Sitemap - 2023 - Capitol Account

Capital Markets Regulation: 2023's Biggest Moments in SEC and CFTC Oversight

A Banking Regulation Retrospective: 2023's Biggest Themes and Most Intriguing Moments

SEC's Forceful Defense of Private Funds Rule Offers Clues on How It Might Fight Future Lawsuits

Harvard's Hal Scott Talks Gensler, Bank Capital and Feeling 'Besieged' by New Regulations

Hedge Fund Leverage, Regional Banks and AI are Among Regulators' Top Worries

Gensler Passes a Rule on His Treasury To-Do List. But There Are Tougher Fights Ahead

Hedge Funds Sue SEC Over Short Selling Rules, Underscoring More Combative Stance

Wall Street Embracing a 'Logical' Approach to Challenge Gensler's Rules

Fintech Advocate Talks Rules, CFPB and Why Big Banks Struggle With Technology

SEC Advisory Panel Drops Plan to Criticize Predictive Data Rule -- For Now

Bank CEOs Can Take Heart: Annual Senate Showcase is no Longer a Flogging

For Wall Street, McHenry's Retirement Means Losing a Key Ally in Raucous House

Gruenberg's 'Listening Tour' Idea Falls Flat With FDIC Staff

Sheila Bair Talks Bank Capital, Badly Behaving Lobbyists and FDIC's Workplace Misconduct

At Washington Crypto Summit, Industry Keeps the Faith that Regulatory Clarity Will Happen

SEC's In-House Judges Have a Tough Day in Court

Hedge Funds Grow Antsy About Little Noticed SEC Rule That Could Threaten Short Sales

SEC Investor Panel Joins Industry in Criticizing Predictive Data Rule

Finance Professor Talks Non-Competes and What ESG Ratings Get Wrong

Gruenberg Under Siege: He's Threatened, But Insiders Expect Him to Fight Back

House Hearing Offers More Basel Scrutiny -- And Tough Questions About Gruenberg's FDIC

Senate Banking Wrap: Basel Dominates But FDIC Harassment Scandal Puts Gruenberg in Hot Seat

Banks Get a Boost From Housing, Civil Rights Groups in Basel Fight

Another High Court Case That Could Threaten Financial Regulators

Did SEC Really Soften Private Funds Rule? Industry Lawsuit Says No

CFTC Called Out By Union Over Pham's Alleged Mistreatment of Enforcement Staff

Stock Exchanges and State Regulators Come to Finra's Defense in Constitutional Challenge

Ex-SEC Official Who Studies Predictive Data Discusses Brokers' 'Netflix Problem'

Financial Services Panel Stresses That Angst With Gensler's Agenda is Bipartisan

Companies Celebrate SEC's Legal Setback on Buyback Rule -- And Hope it's a Harbinger

SEC's Crypto Accounting Guidance Takes a Hit. But Implications are far From Clear

Finra Warns Constitutional Challenge Could 'Eviscerate' Market Oversight

Capital Wrap: A Roundup From Capitol Account's Basel Endgame Event

Gensler Pitches Chamber on Why Companies Should Get Behind SEC's Climate Rule

Scalia and Rep. Barr Blast Bank Capital Plan

Banks in a Bind: Industry Has Issues With CRA Revamp, But Fighting Back May be Tricky

Goldman and Big Bank Trade Group Take Their Anti-Basel Messages to the Masses

Progressive Talks Industry's New Eagerness to Sue Regulators and the Rise of Shadow Lenders

CFPB Shocker: Industry Doesn't Hate Chopra's 'Open Banking' Rule -- Yet

Brokerages, Exchanges Prepare for Battle Over SEC's Latest Market Structure Rule

Citadel and Regional Brokerage Group Team Up to Sue SEC Over CAT Funding

No SEC Appeal in Grayscale Case Means a Bitcoin ETF is Closer Than Ever

Foreign Bank Advocate Talks Basel Endgame and Rules 'Devoid' of Analysis

'This Will Be a Bashing.' At D.C. Gathering, Traders Unload on Gensler's SEC

'Most Radical' Rule in SEC's History. Robinhood Lambastes Data Analytics Proposal

Gensler Notches Win on Activist Rule, While Concessions Tamp Down Funds' Opposition

SEC Approves Activist Hedge Fund Disclosure Rule -- With Some Concessions

Progressive Lawyer Explains How to Defend Agencies With Constitution's Text and History

Enforcement Overdrive? It's Not Just Gensler's Rules Surge That Has Firms on Edge

Wall Street Wants McHenry to be Speaker. Is There a Chance?

A CFPB Surprise: Several Conservative Justices Sound Sympathetic to Bureau's Arguments

Why CFPB Backers are Cautiously Optimistic

Consumer Credit Trade Group Leader Talks CFPB Case and Chopra's Regulation by Blog

Warren Gets a Jump on Defending the CFPB

Gensler Fends Off Attacks on Agenda (and Some Name Calling) at Marathon House Hearing

SEC Launches Broad Sweep Into Wall Street's Use of AI, Raising Questions About Broker Conflicts Rule

How 'Sue the Regulators' Became Part of Wall Street's Washington Playbook

Carlyle Vet Reveals Lessons He Learned Working for Billionaires

A Way Forward on SEC Climate Rule? An Ex-Commissioner Makes His Pitch

SEC 'Names Rule' for ESG Funds Draws Rare Republican Backing -- and Industry Gripes

SEC's Birdthistle Weaves His Way Through Contentious House Hearing

Feeling Slighted, Tim Scott Is Losing Patience With SEC's Gensler

Carson Block Talks Washington's Tightening Vise on Hedge Funds, 'Demonized' Short Sellers and Why He Left California

Another Swing Against Swing Pricing. SEC Investor Advisory Panel Questions Edict for Mutual Funds

Better Markets Gathers Regulators (and Warren) for a Day of Bashing Wall Street

Gensler Faces Off With Senate Banking

'Worst Rule Proposal.' Robinhood Gathering Lays Into SEC's Data-Analytics Plan

Ex-SEC Official Coates Talks the Power of Private Equity and Index Funds

Finra is Latest Target for Conservatives Battling Administrative State 'Excesses'

A Very Expensive CAT: SEC Spars Over Who Pays for Huge Database of Stock Trades

Hedge Fund and PE Trade Group Executives Talk Suing the SEC

See You in Court: Industry Sues SEC Over Private Funds Rule

Regulators' SVB Response Picks Up Steam With Plans to Clamp Down on Regional Banks

Prominent Activist Firm Questions SEC's Motives for Swaps Rule

Weakened Private Funds Rule Is a Win for Wall Street. But Firms Aren't Declaring Victory

Lobbying Frenzy: Both Sides Pressed SEC Ahead of Private Funds Vote

Hedge Funds and PE Prepare for Battle Over Gensler's Private Funds Rule

Missouri's 'Anti-Woke' Investing Rule Prompts Wall Street to Take Rare Stand in ESG Wars

U.K. Hedge Fund Group Fires Early Shot at SEC's Swaps Rule

PE Firms, Hedge Funds Plot Legal Strategy to Fend off FSOC's Dreaded Risk Labels

A $36 Billion Hike in Audit Fees? Business Groups Bemoan PCAOB's Noncompliance Standard

How Bank Regulators' Capital Plan Could Hurt Hedge Funds

Quarles Says New Fed Capital Plan Undoes His 'Moderate' Changes

House Oversight Chairman Wants Answers on Gensler's Academic Appointees

BlackRock, Fidelity and Vanguard Pan FSOC's Push to Label More Firms Too-Big-to-Fail

Banks vs. Retailers: Both Sides Discuss Their Two-Decade War Over Credit Card Swipe Fees

Bank Capital Plan Proves Divisive With Regulators -- Giving Wall Street Critics a Boost

Banks Shift Focus to Powell in Capital Fight

Banks Battle Each Other Over the Tab For SVB's Collapse

As Gensler Plots to Finish Rules, Hedge Funds Ramp Up Their Lobbying

Duke's Reiners Dissects What Ripple Ruling Means for the SEC (And Coinbase)

Taking a Swing at Swing Pricing: SEC's Peirce Warns About Turning Mutual Funds Into Banks

Could Overhaul of Big Bank Capital Rules Spark a Housing Fight?

Confronted With Republicans' ESG Attacks, SEC CorpFin Chief Stands His Ground

Finance Firms Fret Gensler is Poised to Pull a Power Grab Over a Huge Loan Market

ICI's Pan on Battling the SEC Over Mutual Fund Rules and `Vigorous' Debates With Gensler

Retail Investors -- Curiously -- Jump Into SEC Activist Battle

SEC Adopts Revised Money Fund Rule, But Opponents Aren't Appeased

Is Finra's Judicial System Constitutional? D.C. Circuit Case Could Raise Thorny Questions

Bank Regulators Speak: Watchdogs Offer Fresh Insights on Capital Hikes, M&A and Supervision

Elliott's Top Lawyer Zabel Talks SEC's 'Ill-Conceived' Crackdown on Activists

Hedge Funds to SEC: Your Activist Reporting Rule Remains a Mess

Going on Sabbatical: What Presidential Libraries Taught a JPMorgan Executive About Leadership

OTC Markets Lawyer Talks Regulated Crypto Trading and Easing Capital Raising

Has a Plan to Ease Banks' Anti-Money Laundering Burdens Gone Off the Rails?

SEC's Market Structure Revamp Isn't The Only Rule Targeting Citadel and Virtu

FDIC Union Mobilizes to Fight Gruenberg's Return to Office Dictate

FDIC's Gruenberg Stokes Fight With Staff By Demanding Return to Office

DeFi Group's Top Lawyer Talks Suing Regulators and SEC's 'Maddening' Approach to Oversight

Gensler Deputies Get an Earful From House Republicans (and Some Polite Pushback From Democrats, Too)

SEC Takes a Stab at Assessing Swap Rule's Impact on Activist Hedge Funds

DOJ's Antitrust Chief Signals More Rigorous (and Murky) Approach to Bank Mergers

Consumer Bankers' Johnson Talks Late Fees and Why Chopra Must Meet With Industry

Scorecard-Gate: A Skirmish Over the SEC's Market Rules Revamp

SEC Investor Panel Wades Into Activist Rule Fight

Chopra Charm Offensive? CFPB Chief Befriends Republicans in Senate Hearing

Banks Fret as Agencies Ready Capital Boost

Davis Polk's Portilla Talks FSOC and Whether Fund Giants Are Really In Its Crosshairs

Gensler's Defense: SEC Chair Issues His Point-by-Point Rebuttal of Crypto Critics

Gensler Speaks: Chair Offers Updates on Swaps Reporting, Broker Research Payments and CAT

A Monumental Day for Crypto: SEC Sues Coinbase as Congress Inches Forward on Oversight Bill

A Lift for Gensler? An Ex-SEC Chief Economist Throws His Support Behind Auction Proposal

Ex-FDIC Vice Chair Hoenig Talks Banking Turmoil, His Problems With Dodd-Frank and the Dominance of Too-Big-to-Fail Firms

Banks Are Ready For a Fight if Gensler Comes After Their $7 Trillion 'Collective Funds' Empire

'A Lion of the Securities Bar.' Former Colleagues Reflect on Harvey Pitt's Legacy

'Career-Ending Event.' In Surprise Move, Long-Time CFTC Lawyer Sues Agency Over IG's Ouster

Ex-Direct Edge Leader O'Brien Critiques SEC's Market Structure Overhaul

'Have Them Stand Up.' Gensler's Beefs With Mutual Funds Boil Over at Industry Gathering

Banks Will Soon Learn A Lot More About Where Biden Administration Stands on Mergers

Fight Over Broker Research Payments Sets Off Lobbying Frenzy Ahead of Financial Services Markup

Helping Gensler: Proponents Look to Gin Up Support for Push Against Activist Hedge Funds

Brookings' Klein Talks Fed Blind Spots, Bank Runs and Why the U.S. Shouldn't Cover More Deposits

Capital Rules, Mergers and Short-Selling: After a Week of Bank Hearings, Potential Policy Responses Emerge

CEOs of Failed Banks Have an Easier Day Two as House Republicans Set Sights on Regulators

Fed Takes Hits as Lawmakers Dig Into Bank Failures

Wall Street Was Caught Flat Footed by SEC's Custody Rule. Now Firms Say it May be an Earthquake

House's Steil Talks SEC Oversight, Proxy Advisors and Gensler's Emails

Pot Banking's Chances of Clearing Senate Remain Murky

Global Elites and Big Oil: House Hearing Exposes Divisiveness of ESG Politics

A De Facto Crypto Ban? Industry Rips SEC's New 'Custody Rule' For Fund Managers

Banks May Get Help From a Few Unlikely Sources in Fight Over CFPB's Late Fee Cap

End the Fed? Populist Policy Advocate on the Banking Crisis and Who's to Blame

Banks in Turmoil: Speculation of Short-Selling Bans, SEC Probes Rekindles 2008 Memories

Gensler Finishes Two Rules and the Business Lobby Starts Calling Lawyers

On Hedge Funds' Turf, Gensler Shows He Won't Shy Away From a Fight

SEC Bogged Down With Activist Rules? That's What Hedge Funds Are Hoping

Barr to Banks: Get Ready For Tougher Oversight After SVB Tumult

Calling Scalia: Citadel Taps an SEC Antagonist For Fight Over Market Structure Rules

Facing Washington Scrutiny, BlackRock Seeks Out Big Names for Policy and Comms Role

Wall Street's Non-Compete Problem: Doctors Backing FTC Ban Rip Private Equity

Mr. Algo: An Electronic Trading Luminary Switches Sides to Join SEC

Grading Gensler: Advocates Assess SEC Chief Two Years In

Wall Street (Delicately) Pushes Back on FTC's Planned Ban of Non-competes

Finance Executives Reconvene to Take a Fresh Whack at SEC's Trading Revamp

Gensler Survives Marathon House Hearing, But Gets Notable Pushback From Democrats on Some of His Top Rules

SEC Glitch That Led to Lost Comment Letters Handled Appropriately, Acting IG Says

IEX's Ryan Talks SEC Trading Revamp, Flash Boys and Why the Stock Market is Long Overdue For Rule Changes

Two-Tier Market? Biotech Group Warns SEC's Trading Revamp Is Bad for Small Companies

CFBP's U-Turn: Workforce Satisfaction Plunges Under Chopra

The SEC Says Market Revamp Is a Win for Small Investors. BlackRock, T. Rowe Aren't so Sure.

Nasdaq and NYSE Say Thanks, But No Thanks to SEC Auctions

ABA's Nichols Talks SVB Turmoil, Pot Banking and the CFPB War on 'Junk' Fees

An SEC Surprise: Workforce Morale Is Pretty High

Dueling Views on Auctions: Virtu and We the Investors on SEC's Plan

Trading Rules Opposition: Citadel Securities and Robinhood Have a lot to Say About SEC Revamp

'The Mooch' Talks Crypto Rules, SBF and the 2024 Election

Bank Runs Reach Peak Politics: White House Blames Trump and Calls for Tougher Rules

Attack on Auctions: New Paper Contends SEC's Cost-Savings Estimate is Deeply Flawed

In Barr We Trust? Senators Lean on Fed's Supervision Chief to Fix Banks

IEX Gives Gensler a Lift by Backing Big Changes to Stock Trading Rules

Ex-Comptroller Ludwig Talks New Era of Bank Runs and How to Prevent Them

Coinbase Enforcement Warning Shows Gensler is Nearing His Crypto Endgame

Lawmakers Start Laying Out SVB Response

Good Timing: Bankers Descend on Washington as Debate Over Tougher Rules Heats Up

Capitol Hill Gears Up Its Bank Crisis Response With Bills, Hearings and Investigations

Gensler Speaks: Market Structure, Climate and Crypto

Yellen Pledges Confidence But Another Banking Weak Spot Emerges

Cybersecurity and Bank Runs? Gensler Draws a Parallel as he Pushes New Rules

Banks Start Plotting Their SVB Counter-narrative in Washington

The SVB Fallout Shines Unwanted Spotlight on Fed and Reignites Debate Over Too Big to Fail

Gottheimer Talks Working With Republicans and Gensler's Busy Agenda

Fed's Barr Offers His (Skeptical) Voice on Crypto

A New Republican Blueprint for Dismantling ESG

Pressure Mounts on Gensler to Tighten Rules for Private Markets -- and Their Investors

NYSE, Citadel and Schwab Join Forces to Dump on Gensler's Push for Retail Stock Auctions

Ex-Commissioner Talks CFTC Policy and the Challenges of Working With Gary Gensler

Gensler's Brushback Pitch to Coinbase Over Custody Rules

Minority Trade Group Says Gensler's Revamp of Stock Rules Threatens Financial Inclusion

Grayscale's Hired Gun Is Ready to Battle SEC Over Bitcoin ETF

CFPB Angst: Consumer Regulator Faces Months of Uncertainty as SCOTUS Weighs Fate

Ex-ICE Executive Talks Bringing Crypto Out of the Shadows

Gensler Is Getting SEC Staff Back to The Office -- But Not That Often

CFPB Escalates Friction With Banks by Accusing Them of Concealing Credit Card Data

Opposition to Mutual Fund Swing Pricing Sets Up Another Epic Battle for Gensler

PCAOB Chief Talks China, Enforcement and How She's 'Troubled' By Rise in Audit Firm Deficiencies

Nasdaq Has Some (Early) Issues With SEC's Market Structure Overhaul

A Crypto Moratorium? Firms Worry SEC Plan Could Close Market Off to Big Investors

As Regulators Seek to Rein in Crypto, Firms Might Need a Divided Congress to Save Them

Credit Union Group in Disarray Over Lobbyist's Quick Ouster

Funding Court Cases? Head of Litigation Finance Association Talks Investing in Lawsuits and Battling The Chamber

Lawsuit Prep? Wall Street Demands Data That Gensler Relied on For Stock Trading Overhaul

Calling SEC Investor Rule Discriminatory, House Republicans Plot Fresh Push to Open Up PE and Hedge Funds to the Masses

China Takes a Beating From House Financial Services Committee

Activists Triumph: Company Drops Hardball Tactics That Threatened Hedge Fund Strategy

Grayscale Lawyer Talks Suing the SEC and Why Agency is Wrong to Block a Bitcoin ETF

BlackRock's Two Major ESG Exchange Traded Funds Have an SEC Problem

Banks Preparing Full Assault on CFPB Plan to Cap Credit Card Late Fees

PE and Hedge Funds Have Made a Killing on Private Markets. The Left -- and an SEC Commissioner -- are Pressing for Reforms.

Gensler's Calendar Offers New Insight on Push for a Regulated Crypto Exchange

Market Structure Expert Larry Tabb Dissects SEC's Revamp of Trading Rules

Retail Traders are Taking Their Fight Against Wall Street to the SEC -- Literally

NYSE Trading Debacle Is Fuel For Gensler's Market-Structure Critics

Lots of Finance Workers Are (Enthusiastically) Supporting FTC's Plan to Ban Non-Competes

Bad News for Traders: Two Sigma Says Finra Plan May Force Some Back to the Office

Crypto Advocates Talk New Congress, Regulators and Moving Past FTX

Crypto Turf Fight: a Progressive Attack on CFTC’s Behnam Gets Personal – and Ugly

An SEC Plan to Make the Treasury Market Safer is Roiling Banks and Hedge Funds

SEC's Tussle With Covington Has Huge Implications for Lawyers -- And their Clients

BPI's Baer Talks Bank Capital, His Crypto Skepticism and D.C.'s Anti-Wall Street Views

SEC Ups Ante in Crypto Crackdown by Suing Genesis and Gemini

Wall Street Has Been Noticeably Quiet About FTC's Proposed Ban of Non-Competes

A Wall Street Vet Backs SEC on Market Structure Revamp

State of Play on SEC Activist Rules: Negotiations Inside Agency are Heating Up

A Long-Time D.C. Investigator Talks House and Senate Oversight

As Gensler Pushes Market Structure Revamp, New Studies Signal Status Quo Is Working Pretty Well for Retail Investors

Gensler Faces More Democratic Pushback, This Time on Treasury 'Dealer' Rule

Financial Regulation's Biggest Themes for 2023

Thank You and Happy New Year, From Capitol Account