Banking and Finance

Recent Posts

Federal Reserve Board Issues Proposed New Regulation YY to Regulate Certain “Covered Companies” as Required by Dodd-Frank
Posted on 25 Jan 2012 by Williams Mullen

by Edmund D. Harllee On Thursday, January 5, the Federal Reserve Board (the "Board") issued proposed new Regulation YY, in order to implement changes required by the Dodd-Frank Wall Street Reform and Consumer Protection Act (the "Act"... Read More

Tags: Regulation YY , enhanced prudential standards , covered companies , Williams Mullen

Morrison & Foerster-Enhanced Prudential Standards: The Federal Reserve’s Proposal
Posted on 26 Jan 2012 by Morrison and Foerster LLP

Shortly before year-end, the Federal Reserve Board ("FRB") proposed several rules to manage systemic risks presented by bank holding companies with consolidated assets of $50 billion or more and by nonbank financial institutions that are designated... Read More

Tags: Regulation YY , enhanced prudential standards , covered companies , Dodd-Frank Wall Street Reform & Consumer Protection Act , Consumer Protection Act