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18 Aug 2010, 4:53 pm by James Hamilton
As regulators implement the Dodd-Frank Wall Street Reform and Consumer Protection Act, noted the senators, the complete disclosure of all off-balance sheet activities is particularly crucial for the largest and most interconnected companies, including both banks and non-banks. [read post]
17 Aug 2010, 11:21 pm by J.W. Verret
Frank Easterbrook & Daniel Fischel, The Economic Structure of Corporate Law, Harvard University Press (1996). [read post]
17 Aug 2010, 10:49 am by James Hamilton
Thus, end users that execute swaps through an affiliate should not be deemed to be swap dealers under Dodd-Frank just because they hedge their risks through affiliates. [read post]
17 Aug 2010, 6:45 am by William Carleton
While fatalistically conceding that forces of corporate darkness will likely triumph, here now is analysis by Frank Pasquale that assumes carriers will bypass market forces altogether and write their own rules: "We’ve seen a cognate regulatory arbitrage story before in the financial sector: think of the opaque dealmaking that sunk big banks, and the rating agencies’ First Amendment immunity from liability for utterly conflicted assessments of mortgage-backed… [read post]
16 Aug 2010, 9:15 am by James Hamilton
The intent of Section 621 of the Dodd-Frank Act is to prohibit underwriters, sponsors, and others who assemble asset-backed securities, from packaging and selling those securities and profiting from the securities’ failures. [read post]
16 Aug 2010, 6:47 am by Regan Zambri & Long
  The Financial Times (8/9, Eaglesham, Masters) reports that the Dodd-Frank financial reform bill includes new whistleblowing incentives that could mean multimillion dollar rewards for informants and could lead to an increase in allegations against US companies and banks. [read post]
15 Aug 2010, 11:36 am by James Hamilton
Section 742 of the Dodd-Frank Act includes several important provisions to enhance the protections afforded to customers in retail commodity transactions. [read post]
13 Aug 2010, 3:56 pm by James Hamilton
S5895).Dodd-Frank sets forth a broad definition of hedge fund and private equity fund, not distinguishing between the two. [read post]
13 Aug 2010, 9:24 am by Christine Hurt
  Also, the Dodd-Frank Act exempts from certain securitization regulatory reforms and risk retention requirements standard 30-year fixed conventional home loans. [read post]
12 Aug 2010, 8:48 am by Kara OBrien
  Additionally, the Dodd-Frank bill purports to expand federal court jurisdiction over certain foreign issuers in actions brought by the SEC or U.S. [read post]
11 Aug 2010, 7:26 pm by Kevin Funnell
As promised (or threatened, depending upon your viewpoint), here are answers to additional questions that were submitted at last week's Bank Law Stuff executive briefing on the Dodd-Frank House of Horrors Act. [read post]
11 Aug 2010, 4:01 pm by James Hamilton
Section 619 of the Dodd-Frank ACT allows a very limited exception from the prohibition on banks sponsoring hedge funds for the provision of limited services under the rubric of prime brokerage between a bank and a third party advised fund in which the fund managed, sponsored, or advised by the bank has taken an ownership interest. [read post]
11 Aug 2010, 7:13 am by Greg Daugherty
President Obama, on July 21, 2010, signed into law the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Act”). [read post]
11 Aug 2010, 5:30 am by Larry Ribstein
Goldman is also set to capitalize on Dodd-Frank’s restrictions on derivatives trading. [read post]
10 Aug 2010, 4:18 pm by James Hamilton
A number of these U.S. branches of foreign banks will be swap entities under section 716 and title VII of Dodd-Frank. [read post]
10 Aug 2010, 12:33 pm by Kara OBrien
  Trevino thinks the SEC will eventually amend the process but don’t “bank on it. [read post]
10 Aug 2010, 7:30 am by admin
Jeff Merkley (D-Ore.) and Carl Levin (D-Mich.) offered regulators detailed guidelines for drafting rules on banks’ proprietary trading activities and hedge fund investments… Read this entire article for free, activate your free 15 day trial access to Banking Report now. [read post]
10 Aug 2010, 3:50 am
Merpel says, I think Hildebrand's a great name for a cat ...Theme song for this litigation hereRobert Tchenguiz and borrowings from Icelandic banks hereThe fantasy world of Vincent Tchenguiz hereOther Vincents here and here [read post]