Sentences with phrase «federal regulators require»

According to the announcement, the tool is designed to help investment advisors identify e-mail they must retain in order to comply with federal law and then quickly produce the e-mail should federal regulators require it.

Not exact matches

Quite apart from the argument over OSFI - style oversight, the former federal official and others stress this segment of the market at least requires more transparency and clearer data so regulators and the Bank of Canada can better understand the credit landscape and the extent of high - risk loans issued by private lenders.

Another stumbling block: The new guidelines require a lot of paperwork and due diligence to satisfy federal regulators and prosecutors.

The federal banking regulator's tougher rules, which took effect Jan. 1, now require a stress test to be applied even to borrowers with more than 20 per cent down payment.

«The wireless industry has done everything it can to persuade federal regulators and state regulators not to require that backup power be put in place,» said Regina Costa, chair of the telecommunications committee of the National Association of State Utility Advocates, which speaks for consumer representatives.

To further increase the possibility that all borrowers have a fair opportunity to request a foreclosure review, the Comptroller of the Currency and the Chairman of the Board of Governors of the Federal Reserve System should require that servicers include a range of potential remediation amounts or categories in communication materials and other outreach, such as direct mailings to borrowers, public service announcements, the independent foreclosure review website, regulators» websites, and officials» testimonies and speeches.

Showing unfair practices, Meal said, requires regulators to prove substantial consumer injuries, according to the Federal Trade Commission regulations state laws are based on.

Ideally, Fennell said, federal regulators would have required not only backup cameras but also emergency braking and alert systems that automatically stop a vehicle when sensors detect objects or people in a rear blind spot.

When federal regulators first started crafting their qualified residential mortgage (QRM) rule, they entertained the idea of requiring a 20 % down payment.

But it didn't tell drivers, riders or state and federal regulators about the breach, even though almost every state in the country requires companies to inform customers about major cyber intrusions.

The deal requires the approval of federal regulators and is expected to close by early in the second quarter.

WASHINGTON (AP)-- Federal regulators are proposing that the eight biggest U.S. banks be required to further increase the amount of capital they set aside to cushion against unexpected losses.

That Act would further restrict the Fed's 13 (3) lending operations by requiring that they be approved by at least two - thirds of the FOMC (as opposed to the present 5 - member requirement); by disallowing the use of equity as collateral for 13 (3) loans; by requiring that loans be approved not only by the Federal Reserve Board but by all Federal banking regulators having jurisdiction over the prospective borrowers; and by allowing emergency lending to be extended beyond a term of 30 days only by means of a joint resolution approved by Congress.

«Herbalife should also be required to disclose to the public where nutrition clubs are located and provide regulators proof that these businesses comply with state and federal labor laws.

The company had previously announced it would close the facility, which requires notification and review by state and federal regulators.

On how his fellowship has impacted his career, he said, «Since part of working for a state regulatory agency requires dealing with federal regulators and interpreting federal rules, I think having experience at EPA (as a fellow, then as an employee) was a big plus in the eyes of the people who hired me.

As required by executive orders and a 2008 court ruling, federal agencies use the SCC to inform regulators about the economic consequences of rules they adopt.

Before 2009, federal regulators did not require water bottlers to remove E. coli.

Electronic stability control, already standard on all passenger vehicles since the 2012 model year, could be required for new large truck tractors and certain large buses under a proposal being considered by federal regulators.

Federal regulators have proposed requiring interstate carriers to install electronic recorders on large trucks and buses to track driving time, something IIHS has long supported.

TORONTO — The head of Canada's federal housing agency says regulators should explore the possibility of raising the minimum down payment required on a home as a way of easing affordability and reducing risk to the financial system.

When federal regulators first started crafting their qualified residential mortgage (QRM) rule, they entertained the idea of requiring a 20 % down payment.

TORONTO — Home Capital Group Inc. believes early results from this year suggest that mortgage business may be migrating to the alternative lender after the federal banking regulator introduced tougher rules for uninsured mortgages at the beginning of the year — even though it too is required to abide by the requirements.

Home Capital Group Inc. says early results from this year suggest that mortgage business may be migrating to the alternative lender after the federal banking regulator introduced tougher rules for uninsured mortgages at the beginning of the year even though it too is required to abide by the requirements.

The Federal Reserve and other regulators were, and are, therefore required to guess which of the assertions of pending problems or allegations of misconduct should be subject to full scrutiny by, of necessity, a work force with limited examination capacity.

[Update - Nov. 2005: Federal regulators at the Office of the Comptroller of the Currency, spurred on by watchdog groups, are requiring banks that issue credit cards to increase minimum payments in accordance with guidelines laid out in Feb. 2003.

Mike Bober, president of the Pet Industry Joint Advisory Council, urged a USDA investigation of the practice: «Federal regulators should require all organizations that operate as pet dealers under the Animal Welfare Act (AWA) be licensed as such.»

HEAL urges state and federal air quality regulators to require Rocky Mountain Power to adopt best available pollution controls for Utah coal plants.

It also would have required disclosure to patients that they are receiving a compounded drug, and improvements to communication between federal and state health regulators.

Facebook could be in violation of an agreement it made with federal regulators in 2011 that required the social network to obtain affirmative consent from users before accessing or sharing data about them beyond what they've explicitly agreed to.

Under the new rules, companies that are building and testing self - driving cars will be required to share extensive amounts of data with federal regulators.

Digital currencies such as bitcoin demand increased oversight and may require a new federal regulatory framework, the top U.S. markets regulators will tell lawmakers at a hotly anticipated congressional hearing on Tuesday.

It's a standardized document required by federal regulators to help you determine whether affiliation is right for you.

In August 2003, the Owner wrote that Best Van Lines, Inc. («Mover») «was performing interstate moving services without legal authority from the [federal regulators], and did not carry cargo insurance as required by law».

Federal banking regulators have re-proposed the qualified residential mortgage (QRM) rule, which requires lenders to hold back 5 percent of the loan amount on securitized home mortgage loans unless they originate the loans based on «safe» guidelines, which are...

The qualified residential mortgage (QRM) rule that federal regulators released last week falls into this category in some respects, because regulators at first wanted to require a qualified mortgage...

The qualified residential mortgage (QRM) rule that federal regulators released last week falls into this category in some respects, because regulators at first wanted to require a qualified mortgage to come with a 20 percent downpayment, among other things.