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31 Jan 2012, 6:53 am by Senator Jeffrey Merkley,
The Volcker Rule, as embodied in Merkley-Levin provisions of the Dodd-Frank Act, is a critical part of the effort to put in place financial rules of the road that will prevent another crisis like the one we experienced in 2008. [read post]
31 Jan 2012, 6:10 am by Editors
[via Bryan Cave Presents In-House Counsel CLE Institute | Bank Bryan Cave.]Like this post? [read post]
30 Jan 2012, 12:20 pm by admin
In a deposition, Rothstein testified that he wouldn’t have been able to conduct his scheme without the help of TD bank management, such as former bank vice president Frank Spinosa, who Rothstein claims to have paid $50,000 to falsify account balances. [read post]
30 Jan 2012, 12:07 pm by admin
In a deposition, Rothstein testified that he wouldn’t have been able to conduct his scheme without the help of TD Bank management, such as former bank vice president Frank Spinosa, who Rothstein claims to have paid $50,000 to falsify account balances. [read post]
The Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank”) requires that the Board of Governors of the Federal Reserve System (“Federal Reserve”) impose enhanced supervisory requirements on the largest bank holding companies – in general, those with at least $50 billion, but with respect to certain requirements, those with at least $10 billion assets – and those nonbank financial companies designated as requiring… [read post]
29 Jan 2012, 12:44 pm by James Hamilton
Primarily, the amendment would ensure that financial services companies cannot use the exemption to evade other provisions of Dodd-Frank. [read post]
28 Jan 2012, 2:19 pm by Lovechilde
We have better tools now, thanks to Dodd-Frank. [read post]
28 Jan 2012, 12:30 pm by James Hamilton
Importantly, it also protects the confidential trading strategies of asset managers, pension funds, insurance companies, farm credit banks and the ability of commercial end-users to access the swap market to fund long-term projects necessary to create jobs. [read post]
28 Jan 2012, 9:56 am by James Hamilton
Since then, there have been significant changes in the regulatory framework for investment advisers with the passage of the Dodd-Frank Act and SEC rules implementing Dodd-Frank. [read post]
27 Jan 2012, 2:16 pm by James Hamilton
The proposed regulations implementing the Volcker provisions in Section 619 of Dodd-Frank call for enforcement at the smallest unit of organization. [read post]
27 Jan 2012, 6:40 am
(Ironically, the Dodd-Frank Act of 2010 expressly forbids the CFPB from regulating non-banks until a director was appointed, and then the Senate refused to allow an appointment, adversely affecting consumers.) [read post]
26 Jan 2012, 1:32 pm by admin
As people filtered out, the former mayor stood by the elevator bank taking business cards. [read post]
26 Jan 2012, 11:43 am by James Hamilton
At the markup of the bill, Chairman Lucas said that, while the CFTC has followed congressional intent, the banking regulators have proposed to require margin in the form of cash or highly liquid securities from non-financial end users, thereby ignoring congressional intent. [read post]
25 Jan 2012, 3:31 pm by Melissa Jacoby
The petition calls on the Federal Reserve and the Financial Stability Oversight Commission to use their authority under Dodd-Frank to break up Bank of America. [read post]
25 Jan 2012, 11:00 am
The latter, which received $2,200, complemented the Holocaust theme of "Anne Frank & Me," which was staged in October. [read post]
24 Jan 2012, 10:35 pm by Gilles Cuniberti
National Australia Bank, upending decades of federal appeals court precedent in transnational securities law. [read post]
24 Jan 2012, 1:01 pm by Jeff Sovern
For example, Governor Romney said "Dodd- Frank . . .made it harder for banks to renegotiate mortgages to help people get out. [read post]
24 Jan 2012, 10:53 am by James Hamilton
The Bureau will benefit honest businesses by leveling the playing field and ensuring that financial institutions play by the same set of rules.He also noted that Bureau has launched the first federal nonbank supervision program, one of the central new authorities provided by the Dodd-Frank Act. [read post]
21 Jan 2012, 6:52 am by Walter Olson
")] Some trial lawyers pushing to ban the drug [via Ted Frank]. [read post]