The Nutter Bank Report is a monthly electronic publication of
the firm's Banking and Financial Services Group and contains
regulatory and legal updates with expert commentary from our
banking attorneys.
Headlines
1. Agencies Exempt Certain TruPS-Backed CDOs from the Volcker
Rule
2. FFIEC Issues Risk Management Guidance on Social Media
3. CFPB Increases Certain Asset-Size Thresholds for HMDA and TILA
Exemptions
4. Compliance Deadline Delayed for HUD Reverse Mortgage
Requirements
5. Other Developments: Appraisal Requirements and Call Reports
1. Agencies Exempt Certain TruPS-Backed CDOs from the Volcker
Rule
The federal banking agencies, the SEC and the CFTC have issued
an interim final rule to permit banking organizations to retain
interests in certain collateralized debt obligations backed
primarily by trust preferred securities ("TruPS-backed
CDOs") from the investment prohibitions of the Volcker Rule,
Section 619 of the Dodd-Frank Wall Street Reform and
