A proposed rule issued under Section 956 of the Dodd-Frank Wall Street Reform and Consumer Protection Act would subject financial institutions with $1 billion of assets to substantive and...
The final regulations implement the conformance period during which banking entities must bring their activities, investments and relationships into compliance with the prohibitions and r...
On February 8, 2011, the Board of Governors of the Federal Reserve System (the “Board”) issued a notice of proposed rulemaking and request for comment setting forth suggested definiti...
In the wake of the recent purchase of AmericanWest Bank by a joint venture between a Goldman Sachs fund and Oaktree Capital, we have received numerous client inquiries regarding the diffe...
The study by the Financial Stability Oversight Council (“FSOC”) of the funds portion of the Volcker Rule includes useful findings and recommendations on the definitions of “hedge fu...
As required by the Dodd-Frank Act, the Financial Stability Oversight Council (the “FSOC” or “Council”), has completed a study of the concentration limit imposed by Section 622 of ...
The designation of systemically important nonbank financial companies has generated significant interest from multiple stakeholders about which companies the Financial Stability Oversight...
The Task Force on the Financial Crisis of the International Bar Association (“IBA”), whose members are seasoned practitioners in the field of bank regulation, issued a report on the F...
On September 18, 2010, the SEC proposed amendments which would require both financial and nonfinancial companies to disclose additional information in registration statements and periodic...
The Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Dodd-Frank Act”), enacted after a long and intensive legislative process, will impact private funds and their advis...
