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The 2016 New York State legislative session concluded in the early hours of Saturday morning, June 18, with IBANYS on hand to the end.

The 2016 New York State legislative session concluded in the early hours of Saturday morning, June 18, with IBANYS on hand to the end.

Few industries are subject to more regulatory oversight than financial services. And there is very little difference between large, global, commercial financial institutions and small, community-oriented banks with small HR departments, limited resources and budgets – at least in terms of affirmative action compliance. But small community banks need not use expensive applicant tracking or human resource management software to ensure compliance. Often, the same levels of data collection and reporting can be achieved using your payroll system and a combination of Excel spreadsheets or Access databases.
Here are three things to look out for:

Few industries are subject to more regulatory oversight than financial services. And there is very little difference between large, global, commercial financial institutions and small, community-oriented banks with small HR departments, limited resources and budgets – at least in terms of affirmative action compliance. But small community banks need not use expensive applicant tracking or human resource management software to ensure compliance. Often, the same levels of data collection and reporting can be achieved using your payroll system and a combination of Excel spreadsheets or Access databases.
Here are three things to look out for:



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By Steve Viuker

As the race for the presidency rages on, much has been said about the Dodd-Frank Act and its predecessors, particularly the Glass-Steagall Act. But as is often the case in American politics, no consensus has been reached, and there are strong feelings on all sides of the issue.
“Glass-Steagall is dumb politics and dumb economics … returning to Glass-Steagall would be destructive and unworkable,” said Tony Fratto, managing partner in Washington at Hamilton Place Strategies, a lobbying firm that represents large banks.

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