• 03.29.11

    Risk Retention Rules for Securitization of Mortgages and Other Financial Assets

    As the deadline set by the Dodd-Frank Act approaches, six regulatory agencies announced that during the course of this week, all of them would consider a uniform joint regulation to implement Section 941(b) of that Act.

  • 02.18.11

    Whither MERS?

    In the zeal to stall lenders’ efforts to foreclose on woefully delinquent mortgages, the plaintiff bar has put forward a variety of theories. 

  • 02.14.11

    Incentive-Based Compensation for the New Banking Environment

    With considerable fanfare, the FDIC has passed and then quickly announced its proposed rules implementing Section 936 of the Dodd-Frank legislation—even before the other regulatory agencies could put their own imprimatur on the jointly developed proposal.

  • 02.04.11

    It’s Hard for Banks to Tell It Like It Is

    After Call Reports are filed and earnings are released in January, the attention of boards and management at many publicly-held community banks and bank holding companies turns to preparation of 10-K filings and Annual Reports to shareholders, with Proxy Statements next on the horizon. 

  • 10.27.10

    Does Dodd-Frank Contain a Virus for Private Equity Investments in Banks?

    A little-noticed provision of the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank”) has the potential of curtailing significant investments by private equity firms in banks.

  • 09.13.10

    Dodd-Frank and Reconsidering Financial Holding Company Status

    Section 606 of the Dodd-Frank Act adds a new standard for a bank holding company (BHC) which elects to become, or already is, a financial holding company (FHC). 

  • 08.02.10

    Dodd-Frank Act Means No Summer Vacation for Compensation Committees

    While the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Dodd-Frank Act”) is largely directed at reforms within the financial services industry, Congress did not miss its opportunity to adopt regulations on corporate governance and compensation practices applicable to ...

  • 07.21.10

    The Future of the Federal Thrift Charter

    Today, when the President signed the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (the “Reform Act”) into law, he set in motion the beginning of the end for the Office of Thrift Supervision.

  • 07.16.10

    Congress Passes Financial Reform Bill Impacting The Card Processing Business

    The Dodd-Frank Wall Street Reform and Consumer Protection Act ("Act") was passed by the Senate yesterday afternoon, and it now goes to the President for signature. 

  • 07.01.10

    The Dodd-Frank Act Will Open All States To Interstate De Novo Branching

    One section, covering half a page in the 2,300 page Conference Committee Report for the Dodd-Frank Wall Street Reform and Consumer Protection Act, will remove the key political compromise of the 1994 Riegle-Neal Interstate Banking and Branching Efficiency Act.