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From Farce to Menace

Independent Banker

Even as nearly one-third of Americans are already members of a credit union, it seems there’s almost nothing the NCUA still won’t try to further expand the market reach and special tax-exempt privileges of the credit unions it supervises. Talk about your captive regulator! When credit unions say “jump,” the NCUA says, “how high?”.

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All Pain, No Gain

Independent Banker

Community bankers offer real-world reasons for more Basel III relief. Nearly one year after the Basel III capital rules went into effect, community bankers say that now recognize just how much more complex and how much more difficult this new set of capital rules will make life and business for them if they remain in place.

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How the OCC is building Crypto America

Lex Sokolin

They have not been distributed by fiduciaries to the mass market. Selling a diversified, cheap asset allocation as your core investment is a stable market equilibrium. American financial regulation is an alphabet soup, and has grown out of politics and crises. It is logic. It is statistics. It is math incarnate.

America 52
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How the OCC is building Crypto America

Lex Sokolin

They have not been distributed by fiduciaries to the mass market. Selling a diversified, cheap asset allocation as your core investment is a stable market equilibrium. American financial regulation is an alphabet soup, and has grown out of politics and crises. It is logic. It is statistics. It is math incarnate.

America 52
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Chime, Uniswap, and the future of finance could soon struggle

Lex Sokolin

To the extent it pipes people to banking product, that goes to a $500 million market capitalization public company that makes prepaid cards. This generated a good $6 billion of revenue in 2016, though that number is likely further compressed given attempts at regulating this sector. Not banks in general?—?in billion valuation.

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