Dodd-Frank Uncategorized
OIG’s Follow-Up Review of Cost-Benefit Analyses in Selected SEC Dodd-Frank Act Rulemakings
Public Companies and Securities, Uncategorized In June 2011, the SEC Office of Inspector General released a Phase I report on the results of its initial assessment of the cost-benefit analyses conducted for six rulemakings. The OIG concluded that the SEC had conducted a systematic cost-benefit analysis for each of six rules studied, but found that the level of involvement of [...] Read more →
SEC Issues FAQ’s on Family Office Investment Adviser Exemption
Investment Advisers, Uncategorized The SEC staff has issued frequently asked questions on the SEC’s rule regarding exemption of family offices from registration under the Investment Adviser Act. The Dodd-Frank... Read more →
GAO Report Urges Additional Coordination between Agencies When Implementing Dodd-Frank Regulations
Uncategorized The Dodd-Frank Wall Street Reform and Consumer Protection Act requires or authorizes various federal financial regulators to issue hundreds of rules to implement reforms intended... Read more →
FSOC Issues Proposed Guidance on Authority to Require Supervision and Regulation of Certain Nonbank Financial Companies
Uncategorized Section 113 of the Dodd-Frank Act authorizes the Financial Stability Oversight Council, or FSOC, to require a nonbank financial company to be supervised by the Board of Governors... Read more →
GAO Report on Independence, Effectiveness, and Expertise of Inspectors General
Uncategorized As part of the Dodd-Frank Wall Street Reform and Consumer Protection Act, the Congress required the Government Accountability Office, or GAO, to report on the relative... Read more →
SEC Report on the Implementation of Organizational Reform Recommendations
Public Companies and Securities, Uncategorized Section 967(c) of the Dodd–Frank Wall Street Reform and Consumer Protection Act requires that “Not later than the end of the 6-month period beginning on the date the... Read more →
Fed Proposes Phase-In Period for Most Savings and Loan Holding Companies to File Regulatory Reports
Banking, Uncategorized The Federal Reserve Board is proposing a two-year phase-in period for most savings and loan holding companies, or SLHCs, to file Federal Reserve regulatory reports with the Board... Read more →
CFTC Publishes Final Whistleblower Rules
Derivatives, Uncategorized The CFTC has published its final whistleblower rules as required by the Dodd-Frank Act. The CFTC received more than 635 comment letters. Over 600 of these comments, sent by or... Read more →
MSRB Continues to Move Forward on Regulation of Municipal Advisors
Uncategorized The Municipal Securities Rulemaking Board, or MSRB, held its quarterly Board of Directors meeting, where it completed developing the initial set of core rules of conduct for... Read more →
GAO Study on Residential Appraisals
Banking, Uncategorized Real estate valuations, which encompass appraisals and other estimation methods, have come under increased scrutiny in the wake of the recent mortgage crisis. The Dodd-Frank Wall... Read more →