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  • Article

    CFTC Enforcement Division Drops "Absent Objection" Investigatory Orders

    In a reversal of course, the Division of Enforcement of the Commodities Futures Trading Commission, has confirmed that it will no longer pursue omnibus orders of investigation by means of an "absent objection" procedure, and instead will seek Commission approval before extending such orders.
    United StatesFinance and Banking
    Reed Smith
    Reed Smith
  • Article

    Connecticut Department Of Banking Issues Consent Order For Alleged Unlicensed Small-Loan Activity

    On September 24, the Connecticut Department of Banking entered a consent order with a lender that offered advances based on anticipated personal-injury recoveries.
    United StatesFinance and Banking
    Sheppard
Sheppard
  • Article

    CRS Reviews Community Bank Leverage Ratio

    The Congressional Research Service ("CRS") provided an overview and analysis of bank data relating to the Community Bank Leverage Ratio ("CBLR").
    United StatesFinance and Banking
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    District Court Allows Federal TILA And Maryland Consumer Loan Law Claims To Move Forward Against Earned Wage Access Provider

    On August 8, the U.S. District Court for the District of Maryland issued an opinion partially granting an earned wage access (EWA) provider's motion to dismiss that challenged whether the company...
    United StatesFinance and Banking
    Sheppard
    Sheppard
  • Article

    FDIC Requests Comment On Exemptions To The Brokered Deposit Rules

    The FDIC requested comments on a proposed rule that would allow certain insured depository institutions to be exempt from the requirement to treat reciprocal deposits as brokerage deposits.
    United StatesFinance and Banking
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    FDIC To Streamline Living Will Requirements

    FDIC Chair Jelena McWilliams stated that the FDIC plans to streamline resolution (i.e., living will) requirements for U.S. global systemically important banking organizations and regional banks.
    United StatesFinance and Banking
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    Fed Announces Dates Of Stress Test Releases

    On February 12, the Fed announced that results from the latest supervisory stress tests conducted as part of Dodd-Frank will be released on March 5...
    United StatesFinance and Banking
    Orrick
    Orrick
  • Article

    Federal Register: FRB Proposes Framework For Applying Prudential Standards To Large Banks

    The Federal Reserve Board ("FRB") rule proposal tailoring the application of prudential standards to U.S. bank holding companies ...
    United StatesFinance and Banking
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    Federal Register: Prudential Regulators Propose Amendments To Swap Margin Rules

    A proposal by the prudential regulators to conform their swap margin rules to the recently adopted rules restricting the cancellation rights of qualified financial contracts ("QFCs") in the event of certain resolution or bankruptcy proceedings (the "QFC Rules") was published in the Federal Register.
    United StatesFinance and Banking
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    FRB Proposes Rule Amending Company-Run Stress Testing Requirements

    The Federal Reserve Board ("FRB") proposed a rule amending the FRB's company-run stress test and supervisory stress test rules ...
    United StatesFinance and Banking
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    FRB Vice Chair Discusses Lessening Regulatory Burden On Community Banks

    Federal Reserve Board ("FRB") Vice Chair for Supervision Randal K. Quarles outlined the agency's recent efforts to review and improve its regulatory framework ...
    United StatesFinance and Banking
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    FSOC Rescinds SIFI Determination From Prudential Financial; No Non-Bank SIFIs Remain

    The Financial Stability Oversight Council ("FSOC") rescinded its determination that material financial distress at Prudential Financial, Inc. ("Prudential") could present a threat to U.S. financial stability.
    United StatesFinance and Banking
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    ICYMI: Anticipating Shifts In Federal And State Regulation In 2025

    In a webinar hosted on January 14, 2025, the Cozen O'Connor State AG Group, in partnership with the U.S. Chamber of Commerce Institute for Legal Reform...
    United StatesFinance and Banking
    Cozen O'Connor
    Cozen O'Connor
  • Article

    Imminent Dodd-Frank Compliance Issues For Users Of Swaps And Derivatives

    The implementation of the provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act affecting users of swaps and derivatives has been moving forward.
    United StatesFinance and Banking
    Foley & Lardner LLP
    Foley & Lardner LLP
  • Article

    Kentucky Federal Court Upholds Federal Reserve's Debit-Card Fee Cap

    On September 12, the U.S. District Court for the Eastern District of Kentucky upheld the Federal Reserve Board's Regulation II cap on debit-card interchange fees, rejecting a merchant's Administrative...
    United StatesFinance and Banking
    Sheppard
    Sheppard
  • Article

    MSRB Withdraws Pending Municipal Advisor Rule Proposals

    On September 1, 2011, Andrews Kurth issued an alert advising of two recent filings by the Municipal Securities Rulemaking Board ("MSRB") with the Securities and Exchange Commission ("SEC") in which the MSRB had proposed important new standards of conduct for municipal advisors under the Dodd-Frank Wall Street Reform and Consumer Protection Act.
    United StatesFinance and Banking
    Hunton Andrews Kurth LLP
    Hunton Andrews Kurth LLP
  • Article

    OFR Analyst Highlights Challenges Posed By Alternative Credit Rating Standards

    A research analyst at the Treasury Department's Office of Financial Research examined the challenges posed by the alternative standards of creditworthiness used to replace credit ratings following their elimination from federal financial regulation by the Dodd-Frank Act.
    United StatesFinance and Banking
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    President Trump Signs The First Major Financial Services Deregulation Law In A Decade

    President Trump has signed into law the Economic Growth, Regulatory Relief, and Consumer Protection Act ("Act"), with the principal goals of promoting U.S. economic growth, recalibrating burdensome rules...
    United StatesFinance and Banking
    Jones Day
    Jones Day
  • Article

    S&P Downgrade Hurts Middle Tennessee Banks

    As the world digests the fallout of the recent Standard & Poor's downgrade of the U.S. debt rating, further downgrades by S&P or the other rating agencies could have significant long-term effects on the country's community banks.
    United StatesFinance and Banking
    Waller Lansden Dortch & Davis
    Waller Lansden Dortch & Davis
  • Article

    SEC Issues Annual Staff Report On Examination Results Of Credit Ratings Agencies

    The report reviews the state of competition, transparency, and conflicts of interest at NRSROs.
    United StatesFinance and Banking
    A&O Shearman
    A&O Shearman
  • Showing 441–460 of 5735 results

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