Comments are due in a month on a proposed rule ("Proposed Rule") issued by the Federal Reserve Board (the "Board") on a provision of the Dodd-Frank Wall Street Reform and Consumer Protection Act ("DFA") requiring mortgage lenders to take into account a borrower’s ability to repay when making a mortgage loan.

It appears that the current favorable estate, gift and generation skipping transfer (GST) tax laws may remain in effect until December 31, 2012 -- despite earlier rumors of an accelerated 2011 expiration date.

The current favorable estate, gift and generation skipping transfer (GST) tax laws are set to expire on December 31, 2012.

This quarter continued the trend of active FCPA enforcement, with the DOJ winning a historic prison sentence and reaching several settlements with high profile corporations.

The California State Legislature's session ended this weekend after passing a modest selection of amendments to the California Consumer Privacy Act (the "CCPA").

The final quarter of 2012 was a relatively quiet one, with the U.S. Department of Justice and U.S. Securities and Exchange Commission declining more corporate enforcement actions than they settled.

On February 4, 2013, the Internal Revenue Service issued final regulations relating to the tax treatment of noncompensatory partnership options.

Reverse merger companies, which are formed when a public "shell company"1 survives a merger with a private operating company, have recently been subject to numerous federal securities fraud lawsuits and Securities and Exchange Commission ("SEC") enforcement actions and penalties due to concerns relating to accounting irregularities and other disclosure issues.

Since the start of the 2008 financial crisis, the Federal Banking Agencies have keenly focused on balance sheet issues, on both an institutional and systemic basis.

Last year, the Department of Labor issued a regulation, 29 C.F.R. § 2550.404a-5, requiring plan administrators of 401(k) and other defined contribution plans that permit participants to direct how their accounts are invested to provide, starting next year, very detailed investment and expense information.

On July 2, 2012, Rt. Hon. George Osborne MP, commissioned Mr. Wheatley to undertake a review of the structure and governance of LIBOR and the corresponding criminal sanctions regime.

Last week, in a trademark decision that has potential implication in patent cases, the Supreme Court unanimously affirmed the dismissal for lack of jurisdiction of an alleged infringer's counterclaim for trademark invalidity after the trademark owner provided a covenant not to sue.

This Stay Current flags the latest employment law and employment related developments affecting UK Employers. Undoubtedly, the issue of retirement and age discrimination is shaping up to be this year’s hot topic but others are not far behind.

The Federal Trade Commission ("FTC") has announced its 2013 jurisdictional and filing fee thresholds under the Hart‐Scott‐Rodino Antitrust Improvements Act of 1976, as amended (the "HSR Act").

This client alert represents the second installment in a series of client alerts that will explore various issues presented by the current interagency proposal to implement the Volcker Rule.

After nearly four years, the first significant, fully placed CMBS of European collateral has been issued.

On February 22, 2013, the United States Department of Labor’s Occupational Health and Safety Administration published an interim final rule, effective February 27, 2013, setting forth procedures governing whistleblower complaints under the Patient Protection and Affordable Care Act.

After years of consideration, the Internet Corporation for Assigned Names and Numbers ("ICANN") has approved the use of the .XXX top level domain ("TLD") for adult entertainment websites.

The number of countries across the globe that actively pursue cartel enforcement continues to increase, and more countries are imposing significant fines on corporations and creating criminal enforcement programmes.