Developments in Securities Regulation, Corporate Governance, Capital Markets, M&A and Other Topics of Interest. MORE

Legislation has been passed by Congress amending the Dodd-Frank Act.  President Obama is expected to sign the legislation.

 H.R. 6398 amends Section 343 of the Dodd-Frank Act to provide that deposits in so called Interest on Lawyers Trust Account, commonly referred to as IOLTAs, will be fully guaranteed by the FDIC for a two year period.

 Check dodd-frank.com frequently for updates on the Dodd-Frank Act and other important securities law matters.