Press Releases

Notice of Appeal Filed in Legal Challenge to Department of Labor Rule that Prevents Financial Professionals from Best Serving Retirement Savers

The U.S. Chamber of Commerce, Financial Services Institute, Financial Services Roundtable, Insured Retirement Institute, and Securities Industry and Financial Markets Association (Co-Plaintiffs) issued the following statement on their notice of appeal to the U.S. Court of Appeals for the Fifth Circuit, which was filed today

FSR: Innovations in Data Aggregation Are Positive Developments for Consumers and Financial Industry

The Financial Services Roundtable (FSR) and its technology policy division, BITS, today responded to the CFPB’s request for information concerning consumers’ access to aggregated financial account and account-related data. In its response letter, FSR/BITS highlighted the importance of innovation and collaboration while outlining five core...

FSR: Financial Agencies Should Adopt Consistent, Risk-Based Cyber Regulations

The Financial Services Roundtable’s (FSR) technology policy division BITS submitted a regulatory comment letter to financial agencies regarding the advanced notice of proposed rulemaking, “Enhanced Cyber Risk Management Standards” and urged adoption of a risk-based approach to cybersecurity regulation.

FSR Testifies at CFPB Field Hearing on Importance of Alternative Data as Tool for Innovation

The Financial Services Roundtable (FSR) today testified on the importance of alternative data as a tool for innovation at a Consumer Financial Protection Bureau (CFPB) field hearing in Charleston, WV. Francis Creighton, FSR’s Executive Vice President of Government Affairs, delivered the following opening statement:

FSR Announces 2017 Priorities

Urges Modernizing Financial Regulation to Grow the Economy, Create Jobs, and Protect Taxpayers and Consumers WASHINGTON, D.C. – The Financial Services Roundtable (FSR) today unveiled its 2017 legislative priorities with a focus on modernizing financial regulation to help create opportunity and grow the economy.   “FSR’s members finance the...