Financial Regulations – AdvisoryHQ

The Glass-Steagall Act of 1933 | Everything You Need to Know (Definition, Purpose, and Repeal)

AdvisoryHQ — Fri, 03 Mar 2017 16:28:47 +0000

Glass-Steagall Explained: What Was the Banking Act of 1933? American citizens should know about the Glass-Steagall Act. Why? The United States has a long history of banking legislation being both created and repealed. Sometimes it can be hard to keep track of when, why, and how banking regulations came to be. Yet understanding some of […]

Basel I, II, III, IV | Guide | Everything You Need to Know About Basel 1, 2, 2.5, 3 and 4

AdvisoryHQ — Thu, 02 Mar 2017 15:03:23 +0000

Trying to Understand Basel I, Basel II, Basel III, and Basel IV? We Can Help! Basel regulations may not be something you have ever heard of. Basel 1, Basel 2, Basel 3, or Basel 4 may feel irrelevant to you unless you own a bank. After all, is knowing what the Basel III Leverage Ratio […]

What Is Regulation F? Definition

AdvisoryHQ — Thu, 25 Feb 2016 21:56:53 +0000

Overview: Regulation F Regulation F is a United States Federal Reserve regulation that is designed to limit the amount of credit exposure and overnight risk incurred by individual banks. In other words, it deals with limitations on interbank liabilities. Image Source: Federal Reserve System Limitations on Interbank Liabilities Regulation F applies to American banks, savings associations, and […]

What Is Regulation V? Definition and Brief Overview

AdvisoryHQ — Thu, 25 Feb 2016 21:48:47 +0000

What Is Regulation V? Definition Regulation V, also known as the Fair Credit Reporting Act, is a United States federal law that ensures accurate and accessible reporting of consumer credit. The law mainly deals with the way credit reporting agencies collect, manage, and present credit information on individuals. The main provisions of Regulation V are as […]

Brief Review of the Money Laundering Control Act of 1986

AdvisoryHQ — Thu, 18 Feb 2016 22:15:49 +0000

Brief Review of the Money Laundering Control Act of 1986 Until 1986, money laundering was not considered a federal crime in the United States. The Money Laundering Control Act of 1986 was passed by Congress and signed into law to criminalize money laundering activities. Image Source: Pexels Money Laundering Money laundering is an activity in which a money launderer engages […]

What Is Regulation CC? Definition and Overview

AdvisoryHQ — Sun, 24 Jan 2016 23:50:57 +0000

What Is Regulation CC? Regulation CC, also known as the Expedited Funds Availability Act, is a United States law that was enacted by Congress in 1987. Image source: US Congress It deals mainly with the availability of funds and the collection of checks and sets limits on the length of time a bank can place holds on deposited checks. […]

Payable Through and Pass-By Accounts | Definitions

AdvisoryHQ — Sun, 24 Jan 2016 20:23:21 +0000

Payable-Through, Pass Through, and Pass-By Accounts | Definitions and Summary A payable-through account (PTA) is also referred to as a pass through account or a pass-by account. These types of accounts are offered by US financial institutions as banking products and are used by foreign financial firms to provide their customers with access to the […]

Regulation K – Rules, Definition, and Overview

AdvisoryHQ — Sun, 24 Jan 2016 20:05:26 +0000

What Is Regulation K? Brief Overview Regulation K is a United States financial regulatory law which deals with international banking operations. It sets guidelines for all bank holding companies whose services involve international trade and also applies to foreign banks with offices on American soil. Regulation K allows corporations that qualify under the Edge Act to […]

Dodd Frank Act – FAQs

AdvisoryHQ — Thu, 03 Dec 2015 21:04:45 +0000

What is the Dodd-Frank Act? Officially known as the “Dodd-Frank Wall Street Reform and Consumer Protection Act,” The ACT is a piece of legislation, proposed/sponsored by Senator Christopher J. Dodd (D-CT) and Representative Barney Frank (D-MA) on Dec 2, 2009, to reform America’s financial system, protect consumers from predatory lending practices, and prevent another “too […]

Dodd Frank Summary (Dodd-Frank Wall Street Reform Act)

AdvisoryHQ — Sun, 09 Aug 2015 00:00:00 +0000

DODD FRANK SUMMARY – BACKGROUND During the fall of 2008, the so-called “best of times” started catching up with those that lived it. America faced a financial crisis of epic proportion that resulted in millions of lost jobs, and trillions of dollars in lost personal and corporate wealth. The cause was a financial environment that: […]