(Reuters) - A heavyweight coalition of asset managers demanded a greater say in future decisions by the top U.S. risk council that would subject them to tougher regulation, the groups said in a letter to the U.S. Treasury.
Financial services industry remains committed to resolution of all consumer complaints Washington, DC— The Financial Services Roundtable released the following statement regarding the CFPB’s online complaint portal that would include...
Perpetuating false information and rumors on a government website, which should be a trusted source, doesn’t help consumers make informed decisions.
The Consumer Financial Protection Bureau recently announced its plans to begin posting unverified consumer complaint narratives online. At the time, CFPB Director Richard Corday explained that publishing unverified narratives would help consumers make better informed decisions when shopping for financial services.
At the Forefront of Technology and Finance
BITS, the technology policy division of FSR, addresses newly emerging technology and operational opportunities for the financial services industry. It has the expertise to help FSR’s members manage risk particularly in cybersecurity, fraud reduction and critical infrastructure protection. BITS helps shape public policy coming out of Washington and helps companies understand and stay ahead of the latest public policy issues. Because of its diverse membership, it facilitates collaboration to improve the e-commerce environment for member companies in ways that nobody else can.Read more
Advocating for Strength in the Housing Market
The Housing Policy Council is a division of FSR that advocates for the mortgage and housing marketplace interests of member companies in legislative, regulatory, and judicial arenas. HPC’s goal is to communicate the benefits of a fully competitive and integrated housing market to the American public. We work with regulators to represent our members’ interests in mortgage finance and housing issues to ensure the housing market continues to thrive and lending remains strong.Read more