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Instead, CFPB Director Richard Cordray and other top officials often meet with a 25-member Consumer Advisory Board to discuss potential regulation of the financial sector. [read post]
20 May 2015, 8:18 am by Allison Tussey
TDSM was a Colorado real estate development company incorporated in February 2003 and Harris and Unruh were sole members of the board of directors of TDSM. [read post]
20 May 2015, 3:54 am by Broc Romanek
Here are some of the latest entries: – Form 10-K Preparation Tips – How to Proactively Tackle the Director Tenure Issue – Code of Ethics/Conduct Primer – Audit Committee Role in Improving Disclosure – CEO Succession Planning Guidance for CEOs & Boards – Broc Romanek [read post]
18 May 2015, 4:40 pm by Kevin LaCroix
Some policies (typically those issued to banking institutions) preclude coverage for claims brought by regulators (the so-called regulatory exclusion). [read post]
17 May 2015, 4:30 am by Barry Sookman
Wins First Amendment Argument in Piracy Hunt http://t.co/4eoVXmAyVy -> NY banking regulator to issue cybersecurity rules by year-end http://t.co/KgsH0y2NMm -> NSA Chief Speaks Out on Surveillance http://t.co/O7nzDMjql3 -> Cybersecurity and the evolving role of boards http://t.co/Hevjn0lBUY -> Facebook Video Uploads Involve Massive Copyright Infringements http://t.co/mYtZIspejc -> Google, Microsoft, Mastercard & ISPs Sign Anti-Piracy Agreement… [read post]
14 May 2015, 3:29 pm by Lorene Park
In an ADA discrimination suit by the EEOC, Bank of America was denied a motion to compel production of all texts, emails, and social media posts by [read post]
14 May 2015, 6:18 am by Jason Kaufman
The Eleventh Circuit, however, ruled that Wiersum’s claim was preempted by the NBA, which permits the board of directors of a national banking association to appoint officers, define their duties, and “dismiss such officers or any of them at pleasure. [read post]
14 May 2015, 6:18 am by Jason Kaufman and John F. Fullerton III
The Eleventh Circuit, however, ruled that Wiersum’s claim was preempted by the NBA, which permits the board of directors of a national banking association to appoint officers, define their duties, and “dismiss such officers or any of them at pleasure. [read post]
14 May 2015, 3:08 am by Broc Romanek
” Democrats on the Banking Committee, including the senior Democrat, Sherrod Brown, have agreed to some changes that provide regulation relief for small banks and credit unions but in public statements have opposed broader changes in the draft bill. [read post]
7 May 2015, 3:35 am by Broc Romanek
The boards of nearly a dozen companies have been hit with lawsuits alleging that the directors violated their fiduciary duties by allowing their companies to enter into credit agreements with these provisions. [read post]
5 May 2015, 12:12 pm by Jason M. Halper
  In August 2011, the board began shopping the Company to potential purchasers and retained Stephens Inc., an investment bank with expertise in the transportation industry, to serve as its financial advisor. [read post]
4 May 2015, 9:07 am by Allison Tussey
To conceal the fraudulent “round trip” nature of the loan funds, Metaxas deceived the board of directors of Gateway and, in October 2009, she provided false testimony to bank regulators when asked about the source of the down payment. [read post]
1 May 2015, 8:00 am by Jim Sedor
“… Once they walk in the door, put on the steel-toe boot covers and the safety glasses, it’s just a much more meaningful interaction than I could ever hope to accomplish in Washington, D.C. in a business suit,” said Tim Fenton, senior director of global government relations for Thermo Fisher Scientific. [read post]
29 Apr 2015, 7:11 pm by Kevin LaCroix
However, according to the Journal, some banks are pushing back and many banks apparently are still insisting on including the provisions. [read post]
23 Apr 2015, 2:43 pm
The chair has been distributed in partnership with the World Bank, Red Cross, and others in India, Brazil, Guatemala, Guinea, Kenya, Haiti, Easter Island, Nepal, and Tanzania. [read post]
23 Apr 2015, 3:33 am by Broc Romanek
The exempt solicitation argues that providing access to a company’s proxy to allow shareholders (or “shareowners” according to the notice) the ability to nominate directors to the board is “one of the most important rights given to the owners of a company. [read post]