On December 21, 2011 the Office of the Comptroller of the Currency ("OCC"), Board of Governors of the Federal Reserve System ("Board"), and Federal Deposit Insurance Corporation ("FDIC") (collectively, the "agencies"... Read More

On April 3, the Federal Reserve Board ("Board") published a final rule ("Rule") specifying when a financial company that may be made subject to systemic regulation under Title I of the Dodd-Frank Wall Street Accountability and Consumer... Read More

by Ezra C. Levine, Andrew M. Smith and M. Sean Ruff Excerpt: On May 23, 2011, the Federal Reserve Board ("FRB") published in the Federal Register a proposed rule setting forth an entirely new regulatory scheme for companies that provide... Read More

by Dwight C. Smith, Barbara R. Mendelson, Charles M. Horn, Henry M. Fields and Oliver I. Ireland The first formal step in the transition of the Federal Reserve Board taking over the supervisory responsibilities of the Office of Thrift Supervision occurred... Read More

by the Consumer Financial Services Group The U.S. District Court for the District of South Dakota has issued a preliminary injunction postponing the October 1, 2011, effective date of the Federal Reserve Board's 2011 Regulation Z (Truth in Lending... Read More

In this Analysis, Stephen Ornstein, Matthew Yoon, and John Holahan, of SNR Denton, discuss the anti-predatory lending provisions of the historic Dodd-Frank Act. Prescribing a host of new standards for residential mortgage loans, Title XIV is one of the... Read More

The Federal Reserve Board has published final rules implementing the provisions of the Credit Card Act of 2009 relating to gift cards, gift certificates and "general use prepaid cards." The rule applies to all covered products sold or issued... Read More