LexRegPulse Daily - Aug 13, 2026
Morgan here. This is LexRegPulse Daily for Thursday, August 13, 2026.
A federal appeals court just narrowed one of the strongest defenses banks have against agency enforcement. The Seventh Circuit ruled Wednesday that the FDIC can adjudicate unsafe-and-unsound banking claims in its own administrative tribunal, without a jury. The court called it a close call. It declined to extend the Supreme Court's Jarkesy decision — which required jury trials for SEC fraud penalties — to bank safety-and-soundness cases. For any institution in a contested FDIC action, the math changes today. The threat of…
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