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ARTICLE · 21 DECEMBER 2011

Financial Services Alert – December 20, 2011

The FRB issued a proposed rule (the "Proposed Rule") for the supervision and regulation of large bank holding companies and systemically important nonbank financial firms which implements Sections 165 and 166 of the Dodd-Frank Act.

United StatesFinance and Banking

Developments of Note

  • FRB Issues Proposed Rule for the Supervision and Regulation of Large Bank Holding Companies and Systemically Important Nonbank Financial Firms
  • OCC Provides Guidance on Potential Issues with Foreclosed Residential Properties
  • CFTC Adopts Restrictions on Permissible Investments for Customer Segregated Accounts

Other Items of Note

  • New ERISA Litigation Update Available
  • FDIC Issues Proposed Rule That Would Treat Mutual Insurance Companies as an "Insurance Companies" for Purposes of Liquidation and Rehabilitation
  • OCC Updates Guidance on Concentrations of Credit

DEVELOPMENTS OF NOTE

FRB Issues Proposed Rule for the Supervision and Regulation of Large Bank Holding Companies and Systemically Important Nonbank Financial Firms

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