Compliance Watch
Featured Post
Texas Court Invalidates DOL Overtime Exemption Salary Threshold Rule
A federal judge in Texas struck down the DOL's latest attempt to raise the minimum salary thresholds for the FLSA's white-collar overtime exemption, finding that the rule exceeded the agency’s statutory authority. Login Required.
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Your Policies Need to be Kept Fresh
Regulatory compliance is always changing, so keeping things fresh and staying up to date can be complicated and overwhelming. -
Join us for a FREE compliance webinar: An Old Dog and New Tricks
Payment fraud is on the rise and taking a massive toll on credit unions and members alike. -
CFPB issues guidance to address shoddy investigation practices by consumer reporting companies
The Consumer Financial Protection Bureau issued a circular to affirm that neither consumer reporting companies nor information furnishers can skirt dispute investigation requirements. -
Advance notice of proposed rulemaking; request for public comment
The Federal Trade Commission proposes to commence a rulemaking proceeding to address certain deceptive or unfair acts or practices relating to fees. -
NCUA Chairman Harper testifies on state of the credit union industry at senate hearing
NCUA Chairman Todd M. Harper, along with other financial regulatory agency principals, testified at a hearing before the U.S. Senate Committee on Banking, Housing, and Urban Affairs. -
NACHA reminds third-party senders to conduct a risk assessment by March 31, 2023
Nacha believes that risk management is central to maintaining a high-quality ACH Network that relies on the trust of each participant. -
CFPB publishes new bulletin analyzing rise in crypto-asset complaints
The Consumer Financial Protection Bureau released a new complaint bulletin that highlights complaints the CFPB received related to crypto-assets. -
NCUA’s Hood: Addressing inequality is an urgent priority
National Credit Union Administration Board Member Rodney E. Hood said that as federally insured credit unions embrace diversity and inclusion, they should go further and bridge society’s divides to better serve their members and communities and foster greater financial inclusion. -
Question of the Week
We received a dollar bill over the counter that says “For Motion Picture Use Only.” Do we need to turn this bill over to the Secret Service? -
Thank You
In the spirit of Thanksgiving, we’re reflecting on what we’re grateful for, and that’s you.
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