Posts from Steve Quinlivan

FDIC Board Approves Interagency Proposal to Set Risk-Based Capital Floor for Large Financial Institutions


The Board of Directors of the Federal Deposit Insurance Corporation, or FDIC, today approved an interagency proposed rulemaking to implement certain provisions of Section 171 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Section 171 is more commonly known as the Collins Amendment.  Section 171 provides that the capital... Read More

Topics: Banking

CFTC Adopts Interim Final Rule Regarding Reporting of Post-Enactment Swap Transactions


The CFTC has adopted an interim final rule that clarifies the reporting obligations of market participants with respect to swaps entered into on or after the date of enactment of the Dodd-Frank Act and prior to the effective date of swap data reporting rules implementing Section 2(h)(5)(B) of the Commodity... Read More

Topics: Banking, Derivatives, Energy, Insurance, Public Companies and Securities

SEC Proposes Revised Fees for Investment Advisers


Section 204(b) of the Investment Advisers Act of 1940  authorizes the SEC to require investment advisers to file applications and other documents through an entity designated by the SEC, and to pay reasonable costs associated with such filings.   In 2000, the SEC designated the Financial Industry Regulatory Authority Regulation, Inc.,... Read More

Topics: Investment Advisers

Discord at the CFTC?


CFTC Commissioner Bart Chilton issued this statement entitled “Statement on Position Limits, “Keeping Promises””:  Yesterday the Commission held the sixth in a series of open meetings to address rules implementing the Wall Street Reform and Consumer Protection Act of 2010.  I commend the CFTC’s staff for working diligently on the... Read More

Topics: Derivatives