Banking and Finance

Recent Posts

Rationalizing U.S. Financial Regulation: The Treasury's Plan
Posted on 24 Apr 2008 by James A. Fanto

Financial and corporate crises bring regulation; the bigger the crisis, the more the regulation. A few years ago, major corporations, particularly Enron and WorldCom, were engulfed in scandals. Coming hard upon the bursting of the dot.com bubble and revelations... Read More

Tags: Regulation

Picard on Proposed Hedge Fund Registration
Posted on 20 Oct 2009 by Marie E. Picard

Designed to further regulatory reform, the Private Fund Investment Advisers Registration Act of 2009 (Proposed Act) would expand the pool of investment advisers required to register with the SEC by eliminating those portions of the Investment Advisers... Read More

Tags: Regulation

Wall Street Journal: Bank of America Cuts are “Dodd-Frank Layoffs”
Posted on 14 Sep 2011 by Troutman Sanders

by Troutman Sanders CFPB Team September 13, 2011. Bank of America announced on September 12, 2011 that it plans to cut up to 30,000 jobs over the next two years. While Bank of America was not overly direct in stating the reasons for the cuts, today's... Read More

Pangrace and Lapine on the Consumer Credit Card Account Practices Rules
Posted on 20 Apr 2009 by Kenneth M. Lapine and Nathan J. Pangrace

In January 2009, the Federal Reserve Board, the OTS (Office of Thrift Supervision), and the NCUA (National Credit Union Administration) adopted the Consumer Credit Card Account Practices Rules designed to protect consumers who use credit cards from unfair... Read More

Tags: Regulation

Bagnall on Private Fund Registration
Posted on 10 Nov 2009 by Robert G. Bagnall

Proposed legislation would require managers of private investment funds to register with the SEC as investment advisers under the Investment Advisers Act. Currently, most private fund managers rely on the so-called private adviser exemption. The new legislation... Read More

Tags: Regulation

Bitcoin Regulation - Addressing Compliance & Risk Issues for Financial Institutions [WEBINAR]
Posted on 11 Jun 2014 by Sheshunoff Team

In 2009, a talented programmer (or group of programmers) released the first virtual currency protocol, known as Bitcoin. The Bitcoin protocol, essentially a robust P2P payment system , has now spun several other virtual currencies (Litecoin, Dogecoin... Read More

Dodd-Frankenstein
Posted on 21 Feb 2012 by Doug Cornelius

You would expect that a publication with a libertarian tilt like The Economist would not look favorably at the Dodd-Frank Wall Street Reform and Consumer Protection Act . They call it Too big not to fail . Being The Economist , the article argues with... Read More