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The Federal Reserve Board ("FRB") and FDIC adopted a final rule amending resolution planning requirements under the Dodd-Frank Act.

With the passage of this bill, compliance with the Volcker Rule's provision prohibiting banks from holding collateralized loan obligations would not be required until 2019, a two-year delay.

In Bokhari v. North Eastern Savings Bank, the Massachusetts Superior Court allowed a Chapter 93A claim to proceed to trial against a lender based...

On May 21, 2019, the New York legislature passed a bill that, if signed into law by the Governor, will create a "mini-UDAAP" specific to reverse mortgages.

On January 7, 2015, the US Department of the Treasury issued a proposed rulemaking aimed to implement the Qualified Financial Contract recordkeeping requirements of the Dodd-Frank Act.

Reed Smith’s Stephanie Wilson recently told The Legal Intelligencer that she fielded many calls about Dodd-Frank Act’s section 342, which regulates diversity and inclusion in the financial industry...

Reed Smith’s Stephanie Wilson recently told The Legal Intelligencer that she fielded many calls about Dodd-Frank Act’s section 342, which regulates diversity and inclusion in the financial industry...

On December 16, 2014, the Office of the Comptroller of the Currency ("OCC") issued a revised version of the "Truth in Lending Act" booklet.

On June 21, 2018, the U.S. Board of Governors of the Federal Reserve System announced the results of the eighth and latest round of Dodd-Frank Act stress testing.

On November 28, 2016, the US Consumer Financial Protection Bureau issued a bulletin warning banks that creating incentives for employees and service providers to meet sales and other business goals...

On February 10, 2017, the US Federal Reserve Board, the US Office of the Comptroller of the Currency and the US Federal Deposit Insurance Corporation each released revised economic scenarios for use by certain financial institutions...

On August 23, 2018, the U.S. Board of Governors of the Federal Reserve System, U.S. Office of the Comptroller of the Currency and U.S. Federal Deposit Insurance Corporation jointly issued an interim final rule ...

On June 7, 2016, US House Financial Services Committee Chairman Jeb Hensarling provided remarks regarding proposed legislation to replace the Dodd-Frank Act.

On December 23, 2014, the Board of Governors of the Federal Reserve added an additional question under the Volcker Rule Frequently Asked Questions page relating to metrics reporting and confidentiality under the Freedom of Information Act.

The White House Council of Economic Advisers released a report analyzing the impact of regulations issued pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act on community banks.

The Coconut Coalition of the Americas has announced an effort to revise 2006 guidance interpreting the Food Allergen Labeling and Consumer Protection Act "to remove coconut from the list of ...

On August 16, a federal judge for the Northern District of Illinois granted WFM's motion to dismiss a proposed class action lawsuit that alleged WFM violated consumer protection statutes by selling its private label ...

CFPB Director Richard Cordray has a little more job security this week than last week.