Finance & Banking Updates – February 22, 2012

by Sutherland Asbill & Brennan LLP on 2/22/2012

The principal regulators of U.S. employee benefits have recently published updates to their guidance plans for the coming months. On January 20, 2012, the U.S. Department of Labor (DOL) updated its 2011 Semi-Annual...more

by Barger & Wolen on 2/22/2012

The New York Department of Financial Services (“DFS”) will audit the accuracy of the data used by insurers and health maintenance organizations to request health insurance rate increases (see press...more

by Lawyers.com on 2/22/2012

You’re still more likely to lose your house to foreclosure than to get help from your bank if you miss a mortgage payment, despite national headlines that suggest help is on the way. So far this...more

by Katten Muchin Rosenman LLP on 2/22/2012

On February 9, 2012, the Commodity Futures Trading Commission adopted final amendments to its Part 4 Rules, which set out compliance obligations for commodity pool operators (CPOs) and commodity trading advisers (CTAs) and which...more

by Reed Smith on 2/22/2012

On February 9, 2012, the Commodity Futures Trading Commission ("CFTC") adopted a new rule (RIN 3038-AD30) (the "Rule") affecting certain exemptions from the registration requirements for commodity pool operators...more

by Davis Wright Tremaine LLP on 2/22/2012

Many mobile payment systems tailored for restaurants and other food vendors were introduced in 2011. Restaurant-industry insiders say 2012 will be the year of widespread adoption – and possibly a shakeout. A brief overview of...more

by Chris Rizo on 2/22/2012

ALEXANDRIA, Va., Feb. 21 (LID) – A nonpartisan state budget think tank has called on the nation’s governors to freeze defined-benefit pensions for all public employees, citing unfunded pension liabilities of about $4 trillion. State...more

by Dechert LLP on 2/22/2012

On September 27, 2010, the Board of Directors of the Federal Deposit Insurance Corporation (“FDIC”) adopted new rules (the “Securitization Rules”) to apply to securitizations issued after the expiration on...more