Search for: "Frank Banks" Results 1121 - 1140 of 5,206
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3 Jan 2012, 9:00 am by SECLaw Staff
Four federal agencies today extended the comment period on a proposal to implement the so-called Volcker Rule of the Dodd-Frank Wall Street Reform and Consumer Protection Act until February 13, 2012.The Dodd-Frank Act requires regulators to implement certain prohibitions and restrictions on the ability of a banking entity and nonbank financial company to engage in proprietary trading and have certain interests in, or relationships with, a hedge fund or private equity … [read post]
27 Nov 2013, 7:58 am by Adam Gana
While the big banks become more concentrated and more complex, the Dodd-Frank Act’s implementation struggles. [read post]
12 Jun 2017, 3:52 am by Doug Cornelius
The bill is big change to many of the Dodd-Frank. [read post]
3 Mar 2011, 8:00 am by J Robert Brown Jr.
The proposed rules (those commanded by Dodd-Frank and jointly written in conjunction with other banking agencies) were proposed by the Commission yesterday. [read post]
13 Nov 2010, 4:51 pm by James Hamilton
In a letter to the SEC and other regulators, the American Securitization Forum urged the Commission and other financial regulators to clarify that there is a securitization exclusion from the Dodd-Frank Volcker Rule to allow banking entities and financial companies to participate in certain securitization relationships and activities without falling within the scope of the Rule and more broadly the Volcker Rule, as codified in Sec. 619 recognizes that securitization relationships… [read post]
17 Feb 2011, 5:40 pm by James Hamilton
Section 716 should not be applied to foreign branches of US banks or foreign subsidiaries of US banks, said SIFMA, because those entities do not qualify for Federal Deposit Insurance and thus do not pose any risk to the US taxpayer. [read post]
29 May 2009, 3:41 pm by Wendy Fried
And I do mean guys; the Committee has 25 members and only one is female.)It took Barney Frank about five seconds to burst the bubble: (“The suggestion that we’re going to get to a unilateral bank regulator, something equivalent to the [UK] Financial Services Authority, is simply wrong”). [read post]
31 May 2016, 6:50 am by Doug Cornelius
The 2010 Dodd-Frank law was supposed to make the banking system safer than it was. [read post]
13 Jun 2024, 6:31 am by Alan S. Kaplinsky and Kristen E. Larson
It took about an hour for someone on the Senate Finance Committee during its hearing today to mention the “elephant in the room” — namely, the fact that the CFPB is only allowed under Dodd-Frank to be funded out of “combined earnings of the Federal Reserve System” and that there has been no combined earnings of the Federal Reserve System beginning in September, 2022.... [read post]
12 Oct 2011, 4:54 am by James Hamilton
The letter was partially driven by the indication that the CFTC does not appear to be coordinating with the SEC and the federal banking agencies in proposed regulations implementing the Volcker Rule. [read post]
11 Jul 2016, 9:13 am by Adam Levitin
 It's lengthy, but it doesn't even cover everything in the CHOICE Act--there are just too many bad provisions, starting with the idea of letting megabanks out of Dodd-Frank's heightened prudential standards in exchange for more capital, then moving on to a total gutting of consumer financial protection, and ending with a very poorly conceived good bank/bad bank resolution system executed through a new bankruptcy subchapter. [read post]
19 Jul 2010, 10:38 am by Brett McDonnell
Dodd-Frank has at least two parts that start to attack the problem, but they have complementary holes. [read post]
13 Oct 2011, 4:50 pm by James Hamilton
Barney Frank (D-Mass), Financial Services Committee Ranking Member, urged legislation imposing a risk-based fee on banks and securities firms with assets over $50 billion and hedge funds with assets greater than $10 billion. [read post]
1 Dec 2015, 5:16 am by Barbara S. Mishkin
Mishkin As we have previously observed, banks and other companies subject to the CFPB’s jurisdiction face the possibility that the CFPB could begin using its authority under Sections 1031 and 1036 of the Dodd-Frank Act (which proscribe unfair, deceptive or abusive acts or practices) to regulate cybersecurity policies and procedures. [read post]
12 Feb 2018, 5:00 am by John Jascob
The SEC, along five other federal banking agencies, however, adopted final credit risk retention rules that did not exempt open market CLOs. [read post]
26 Jan 2016, 7:08 pm by Sabrina I. Pacifici
The Dodd Frank Act neither reinstated the sections of the Glass Steagall Act that were repealed by GLBA nor substantially modified the ability of banking firms to affiliate with securities firms. [read post]