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MEDIA RELEASE The Consumer Financial Protection Bureau has published its first major final rule that implements section 1073 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. The new final rule will create a comprehensive new system of consumer protections for remittance transfers sent by consumers in the United States to foreign countries. U.S. […]

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MEDIA RELEASE The Treasury Department’s Federal Insurance Office has announced it is seeking public comment for its report, mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act, on how to modernize and improve the country’s insurance regulatory system. The Federal Register Notice seeks comments from policyholders, experts, consumer groups, state insurance regulators, insurance […]

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MEDIA RELEASE U.S. Sens. Daniel K. Akaka (D-Hawaii) and Robert Menendez (D-New Jersey) called for quick action to protect Americans when they receive investment advice, following the release of a new study by the staff of the U.S. Securities and Exchange Commission examining the obligations of brokers and investment advisers. The SEC staff study, commissioned […]

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