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15 May 2012, 7:09 am by Broc Romanek
Federal Reserve Makes First CCS Determination for a Chinese Bank Here's news culled from this Sullivan & Cromwell memo: On May 9, 2012, the Board of Governors of the Federal Reserve System issued an order approving the acquisition of 80% of the shares of common stock of The Bank of East Asia (U.S.A.) [read post]
15 May 2012, 2:00 am by Kara OBrien
On May 9th, the Board of Governors of the Federal Reserve System approved the acquisition of 80% of the shares of common stock of The Bank of East Asia (U.S.A.) [read post]
The Statute Section 113 of the Dodd-Frank Act [1] authorizes the Financial Stability Oversight Council (“FSOC”) to designate a nonbank financial company to be supervised by the Board of Governors of the Federal Reserve System (the “Federal Reserve”) and be subject to prudential standards. [2] The FSOC will make a designation after determining that material financial distress at the company or the nature, scope,… [read post]
30 Apr 2012, 11:19 am by Pace Law School Library
  Three structural changes for a new system of international climate change mitigation agreements based on the WTO model. [read post]
26 Apr 2012, 8:30 am
  Under Section 113 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Dodd-Frank Act”), FSOC is authorized to determine that a nonbank financial company (e.g. insurers and reinsurers) will be supervised by the Board of Governors of the Federal Reserve System (“FRB”) and subject to prudential standards if: “material financial distress” at the nonbank financial company could pose a threat to the… [read post]
Designated companies are required to comply with enhanced prudential standards and are subject to consolidated supervision by the Board of Governors of the Federal Reserve System (the “Federal Reserve”). [read post]
20 Apr 2012, 3:48 am by James Hamilton
., Chairman of the G30 Steering Committee on Corporate Governance, and former Vice Chairman, Board of Governors of the Federal Reserve System, said that effective governance greatly depends on the tone set at the top. [read post]
18 Apr 2012, 5:00 am by Doug Cornelius
  Section 113 of the Dodd-Frank Wall Street Reform and Consumer Protection Act authorizes the Financial Stability Oversight Council to determine that a nonbank financial company will be subject to supervision by the Board of Governors of the Federal Reserve System and prudential standards. [read post]
16 Apr 2012, 7:42 am by N. Peter Rasmussen
The Board of Governors of the Federal Reserve System, as a member of CPSS, and the Commodity Futures Trading Commission and the Securities and Exchange Commission, as members of IOSCO, encourage interested persons to review and comment on the consultative documents. [read post]
2 Apr 2012, 1:07 pm by michaellsullivan
Constitutional amendments are not subject to approval or veto by the Governor. [read post]
25 Mar 2012, 4:30 am by Sean Shaw
Relating to Property Insurance SB 156 (Fasano) In perhaps the furthest reaching consumer bill filed this legislative session, Senator Fasano’s bill includes provisions that revise the membership of the Market Accountability Advisory Committee of the board of governors of Citizens Property Insurance Corporation to include more representation. [read post]
22 Mar 2012, 2:43 pm by Bradley Vallerius
Congress were to enact a federal interstate framework for internet gambling, then California’s legislature may opt into or out of the federal framework by way of a majority vote of both houses. (19990.71(a)). [read post]
The financial services industry is closely watching the progress of the federal financial regulatory agencies in adopting rules to implement the Volcker Rule. [1] The rule is at Section 619 of the Dodd-Frank Wall Street Reform and Consumer Protection Act and was enacted primarily at the urging of Paul Volcker, former Chairman of the Board of Governors of the Federal Reserve System. [2] The Agencies have issued a proposed rule… [read post]
12 Mar 2012, 2:08 pm by michaellsullivan
Wendell Willard, would overhaul Georgia’s juvenile justice system. [read post]
12 Mar 2012, 7:05 am by Keith Griffin
As of March 2, the Board of Governors of the Federal Reserve System shows these rates of return as the following: - 0.52% for six-month CDs; - Under 1% for Treasuries with durations of five years or less; - Returns of 1.97% for 10-year Treasuries and 2.74% for 20-year Treasuries; - 3.82% and 5.08% returns for corporate bonds, depending on the bond’s duration and quality; and - Returns of 3.72% for state and local municipal bonds. [read post]
28 Feb 2012, 1:25 pm by michaellsullivan
Under the current proposal, charter schools would first apply to the local board of education in the jurisdiction in which they are located and if denied, they could then apply to the Georgia Charter Schools Commission for a charter and such approval would entitle a charter school to only the state portion of school funding, not any local school system funds. [read post]
17 Feb 2012, 3:29 pm by The Federalist Society
Van Der Weide, Division of Banking Supervision and Regulation, Board of Governors of the Federal Reserve System Moderator: Ms. [read post]