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11 Sep 2015, 9:50 am
Bank of Am. [read post]
7 Sep 2015, 2:47 pm
Insured Exclusion Precludes D&O Policy’s Coverage for FDIC Failed Bank Lawsuit: In an important decision concerning D&O insurance coverage in connection with FDIC failed bank claims, the Tenth Circuit, applying Kansas law, held that a D&O policy’s insured vs. insured exclusion unambiguously precluded coverage for claims brought by the FDIC as receiver of a failed bank against the bank’s former directors and officers. [read post]
31 Aug 2015, 9:05 pm
Circuit’s recent ruling striking down part of Dodd-Frank conflict mineral disclosure rule [Business Law Prof] More on suit challenging constitutionality of FATCA, the law complicating many expatriates’ lives [Paul Mirengoff, PowerLine] “Jury Will Put A Price On Terrorism — And Stick A Bank With The Bill” [Daniel Fisher, Reuters on Arab Bank settlement] Operation Choke Point: “How a program meant to stamp out fraud has put a… [read post]
31 Aug 2015, 5:54 pm
After all, this decision didn’t deal with retailers, banks or dating sites – it addressed a major hotel player and, by implication, all operators, brands and owners in the industry. [read post]
31 Aug 2015, 12:29 pm
Mishkin 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]
28 Aug 2015, 6:07 am
Meanwhile, Senate Banking Committee Chairman Richard Shelby (R-AL) is advancing the “Financial Regulatory Improvement Act of 2015,” which seeks to amend a number of provisions of Dodd-Frank. [read post]
26 Aug 2015, 12:56 pm
For example, the Consumer Financial Protection Bureau (CFPB), a relatively new federal agency formed in 2011 under The Dodd-Frank Act, explicitly targets its enforcement powers at the conduct of both financial institutions and their service providers. [read post]
25 Aug 2015, 4:19 pm
” Another article, “Bank Investment in Securitizations: The New Regulatory Landscape in Brief,” summarizes important new requirements related to investment in securitizations as a result of the enactment of the Dodd-Frank Act, including potential effects on bank capital. [read post]
25 Aug 2015, 12:13 pm
(It is interesting that the CFPB, which had the authority under Dodd-Frank to obtain such information under 12 U.S.C. [read post]
20 Aug 2015, 9:30 pm
In an effort to promote the objectives of the Dodd-Frank Act, the U.S. [read post]
20 Aug 2015, 9:15 pm
That’s the message of a letter sent to shareholders earlier this year by Frank H. [read post]
20 Aug 2015, 5:55 am
My UCLAW colleagues Steven Bank and George Georgiev have posted a concise and damning appraisal od Dodd-Frank's executive compensation provisions: This essay argues that regulatory reforms introduced... [[ This is a content summary only. [read post]
18 Aug 2015, 5:00 am
It was paid out 5 days later to an account with HSBC Private Bank in Monaco held by a Panamanian company. [read post]
17 Aug 2015, 9:05 pm
” [Nick Goseland, Above the Law] Tags: banks, California, class action settlements, corporate governance, Frank Easterbrook, securities litigationBanking and finance roundup is a post from Overlawyered - Chronicling the high cost of our legal system [read post]
16 Aug 2015, 3:53 pm
Mark Adams “Much ado about nothing” is just one literary turn of phrase that comes to mind when considering the initial uproar over Section 342 of the Dodd-Frank Wall Street Reform and Consumer Protection Act and the long wait for its implementing regulations. [read post]
12 Aug 2015, 2:40 pm
As a matter of practicality though, I wouldn’t bank on lenders going out of their way to accommodate applicants who have anything other than a pristine record. [read post]
12 Aug 2015, 2:29 pm
This is sloppy banking, and it violates the Dodd-Frank Act, which prohibits financial providers from engaging in unfair or deceptive practices.So today, we are ordering the bank to return about $11 million to consumers who did not receive money that should have been deposited into their accounts. [read post]
12 Aug 2015, 5:00 am
This law attempts to give banks and loan agencies some extra protection. [read post]
12 Aug 2015, 3:56 am
This law attempts to give banks and loan agencies some extra protection. [read post]
9 Aug 2015, 6:03 pm
Insured exclusion in the failed bank’s D&O insurance policy. [read post]