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17 Feb 2011, 3:30 pm
Edlen banks his profit, of course. [read post]
14 Jan 2013, 12:58 pm by Ailyn Cabico
Soon thereafter, the former CEO of IndyMac Bank agreed to pay $1 million from his personal assets in addition to available insurance proceeds to settle another FDIC claim related to the failure of IndyMac Bank. [read post]
16 May 2018, 7:31 pm by Sabrina I. Pacifici
Opponents of the bill argue it would needlessly pare back important Dodd-Frank protections to the benefit of large and profitable banks. [read post]
26 Jun 2023, 10:30 pm by Sherica Celine
Dodd-Frank Act Bank Capital Requirements Review this practice note summarizing the key changes to the U.S. bank regulatory capital framework made by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. [read post]
19 Apr 2012, 11:39 am by N. Peter Rasmussen
The Board issued this statement to address this question.The Board’s conformance rule provides entities covered by Section 619 of the Dodd-Frank Act a period of two years after the statutory effective date, which would be until July 21, 2014, to fully conform their activities and investments to the requirements of section 619 of the Dodd-Frank Act and any implementing rules adopted in final under that section, unless that period is extended by the Board.The Board, the Office… [read post]
31 Oct 2012, 1:37 pm
While the analysis issued from Frank said that the law sets up a “framework” that lets big financial institutions fail without causing economic disaster, the report from Frank found that not only are the country’s largest banks still too big to fail—even bigger than during the recent financial crisis—but also, rather than ending bailouts, it institutionalized them and made them permanent via the act’s ‘Orderly Liquidation Authority… [read post]
19 Oct 2010, 12:59 am by J.W. Verret
 My testimony before the Senate Banking Committee is available here. [read post]
5 Jun 2011, 4:04 pm by James Hamilton
In a letter to the SEC and federal banking regulators, KPMG LLP also noted that the proposal does not provide transition guidance for existing compensation arrangements. [read post]
12 Apr 2012, 4:16 am by Broc Romanek
Corp Fin Issues '34 Act Registration & Deregistration FAQs Yesterday, Corp Fin issued 5 FAQs regarding Section 12(g) registration triggers and, for banks and bank holding companies, the Section 12(g) and Section 15(d) deregistration and cessation of reporting triggers. [read post]
25 Mar 2014, 1:26 pm by Jared Kelly
  The other regulators are the federal banking agencies, the National Credit Union Administration and the Federal Housing Finance Agency. [read post]
19 Jul 2012, 11:53 am by James Hamilton
  The authority to designate financial market utilities is an important component of  the Dodd-Frank Act and is one of a number of tools now available to constrain risk and help protect against future financial crises.The designated financial market utilities are: The Clearing House Payments Company, L.L.C., on the basis of its role as operator of the Clearing House Interbank Payments System; CLS Bank International; Chicago Mercantile Exchange, Inc.; Depository Trust… [read post]
19 Aug 2012, 9:57 am by James Hamilton
They also asked the CFTC to clarify the procedure and implementation timeline of substituted compliance and to respect foreign regulations as a whole set and not on a piecemeal basis.The letter was in response to the CFTC’s proposed guidance on the cross-border application of the derivatives provisions of the Dodd-Frank Act. [read post]
19 Mar 2013, 4:54 pm by James Hamilton
At the Senate Banking Committee hearings on the nomination of SEC-Chair designate Mary Jo White, Senator Robert Menendez (D-NJ) urged the SEC to expeditiously adopt regulations implementing the CEO pay ration provisions of Section 953(b) of the Dodd-Frank Act. [read post]
16 Apr 2018, 3:29 pm by Sabrina I. Pacifici
In order to minimize the risks that large financial institutions will fail, Title I of Dodd-Frank establishes an enhanced prudential regulatory regime for certain large bank holding companies and non-bank financial companies. [read post]
2 Jul 2012, 7:00 am by Daniel O'Rielly
 The Court applied the Barnett Bank preemption standard codified by Dodd-Frank and concluded that Section 1748.9 significantly impairs MBNA's federally authorized power to loan money on personal security because "the disclosure obligations imposed by section 1748.9 exceed any requirements in federal law. [read post]