On this edition, Derek Bush of Cleary Gottlieb and Mark Perlow of K&L Gates discuss the Dodd-Frank Act and the Volcker Rule and its impact on securities markets and the banking industry. They discuss what banks will and won't be able to do, including... Read More
Hedge funds were a key subject of debate during the passage of Dodd-Frank. While the funds were not tied to the causes of the market crisis, they do represent large pools of assets which can impact the market. Regulators frequently note that they have... Read More
The Dodd-Frank Wall Street Reform and Consumer Protection Act represents the most sweeping overhaul of the US financial sector since the Great Depression. The Act will impact both the US and non-US business and activities of foreign banks, securities... Read More
Credit rating agencies, and in particular, nationally recognized statistical rating organizations ("NRSRO"), have been thought by many to be at the center of much of what went on with the market crisis, particularly in the area of structured... Read More
The Bureau of Consumer Financial Protection (CFPB) has issued a Notice and Request for Comment identifying six markets for consumer financial products and services being considered as markets in which "larger participants" will be subject to... Read More
BY: EDMUND D. HARLLEE On Thursday, June 23, 2011, the Board of Governors of the Federal Reserve System (the "Board") issued proposed amendments to its Regulation B (Equal Credit Opportunity) to provide a temporary exemption for certain motor... Read More