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Steve Cocheo's Blog
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Jul 24
2009

Treasury official meets more skepticism than support (July 24, 2009)

Posted by Steve Cocheo in Untagged 

Deputy Secretary Neal Wolin makes case for Consumer Financial Protection Agency, but bankers balk at methods
Jul 24
2009

Cash-strapped states can't handle consumer protection role (July 24, 2009)

Posted by Steve Cocheo in Untagged 

Obama regulatory reform proposal would make state governments the “first line of defense” over nonbank financial providers who stray. State banker association execs ask how cash-strapped states could do that
Jul 02
2009

SCAP in Review: A look at the megabanks' stress test

Posted by Steve Cocheo in Untagged 

Stress tests are not new but the Supervisory Capital Assessment Program, or SCAP, was unique in several ways
May 20
2009

"Jack Welch didn't like my plan" (May 21, 2009)

Posted by Steve Cocheo in Untagged 

Veteran director on how best to use your board for strategic planning

May 14
2009

More help for mortgage modifiers (May 14, 2009)

Posted by Steve Cocheo in Untagged 

[This article was posted on May 14, 2009, on the website of ABA Banking Journal, www.ababj.com, and is copyright 2009 by the American Bankers Association.]

The “10 Steps to Defusing Loan-Mod Bombs” article (published online at www.ababj.com and in the May print and digital editions of ABA Banking Journal) cautions banks about the compliance traps that banks need to watch out for when helping
Apr 14
2009

Blogs and Tweets Can Land You In Compliance Hell

Posted by Steve Cocheo in Social Media Banks New Frontier

In our April print edition, and earlier on the website, ABA Banking Journal Contributing Editor Nancy D. Castiglione warned, "Blogs and Tweets Can Land You In Compliance Hell."
 
She opened her article this way:
"Is that an iPod plugged into your customer’s ears? Or a time bomb waiting to blow up your bank’s compliance record?
 
"It all depends on what your bank has been up to, and how well your marketing and compliance functions control how the bank’s messages reach the public … and how well the bank controls independent-minded employees with a technical bent."

You can read Nancy's "Compliance Clinic" column in its entirety by clicking here.
 
Share your experiences as a compliance officer looking at social media and new media below. If you prefer, you may retain your anonymity.










Apr 08
2009

You can fight proposed enforcement actions (April 8, 2009)

Posted by Steve Cocheo in Untagged 

Many boards cave in quickly to examiner orders, but you have rights

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