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New Legislation
Latest Headlines
Latest Headlines
Card legislation a big win for consumers?
New legislation aims to end a lot of controversial practices that exploded in the news recently. Gone perhaps are the days of massive (percentage-wise) fees for over-drawing accounts. Gone are the days of banks retroactively raising a customer's interest rates without notice. Banks will no longer
The end of free checking?
TCF Financial, a small bank in Minnesota, has decided the free checking concept has run its course. While the idea of a free checking account provided an amazing array of marketing and other benefits for the bank, the regulatory climate has forced its hand, it says. Soon, it will introduce a
Latest hedge fund haven: Ireland?
Ireland has proven more than adept at attracting foreign direct investment, with investor-friendly policies and tax credits. Now, it appears to have set its sights on a new industry, the hedge fund industry. The Financial Times reports the Irish government has passed a law that streamlines the
Dark pools at risk of new legislation?
About 22 percent of all share volume is done off the main exchanges; this volume includes dark pool volume. Such services have, of course, grown dramatically over the past few years. But the growth
