Read Finance & Banking Law updates, alerts, news, and legal analysis from leading lawyers and law firms:
The Building Blocks of a Technology Deal
FCPA Compliance and Ethics Report-Episode 28, Interview with Henry Pugh, COO of the Risk Advisory Group
CFTC’s Scott O’Malia Calls for a Plan of Action on Swap Data
FIRREA: The New Weapon of Choice for Federal Prosecutors
FCPA Compliance and Ethics Report-Episode 26: Getting Stakeholder Buy-In For Your Compliance Program
Clearinghouses: What’s in a name? CME’s Kim Taylor Says Extra Cost
Connecting the Data Dots: Sapient’s Jim Bennett Talks Compliance Reporting
FCPA Compliance and Ethics Report-Episode 25, Mergers and Acquisitions Under the FCPA
Bill on Bankruptcy: Madoff Victims Rooting for Stanford Victory
FCPA Compliance and Ethics Report-Episode 23 with Jay Rosen on the Importance of Translations in Your Compliance Program
Structuring an MLP Finance
FCPA Compliance and Ethics Report-Episode 22 with Matt Ellis on the Embraer FCPA Investigation
Why Choose the Dual Track Process?
FCPA Compliance and Ethics Report-Episode 21 Update on Current Enforcement Actions, Investigations and Settlement Negotiations
FCPA Compliance and Ethics Report-Episode 20 with Roy Snell on the Development of a Compliance Professional
The FCPA Compliance and Ethics Report-Episode 27-the Weatherford FCPA Settlement
FCPA Compliance and Ethics Report-Episode 19 with Barry Vitou on Bribery Act Updates
FCPA Compliance and Ethics Report-Episode 18-Walmart-Be a Leader in Compliance
Bill on Bankruptcy: Detroit Shows Need for Amending Bankruptcy Law
Trends in FCPA Compliance and Enforcement for 2014
On February 21, 2013, the Financial Industry Regulatory Authority (FINRA) issued a written decision finding that the Federal Arbitration Act (FAA) bars FINRA from enforcing FINRA Rules intended to preserve judicial class...more
The CFPB has issued its semiannual regulatory agenda which identifies seven regulatory matters that the CFPB “reasonably anticipates” having under consideration during the period from October 1, 2012 to October 1, 2013....more
Originally published in the Investment Adviser Association Newsletter on December 3, 2012.
The Financial Industry Regulatory Authority (FINRA) recently issued guidance (Guidance) stating that it will now accept requests...more
The Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd Frank) amended the whistleblower provision in Section 806 of the Sarbanes-Oxley Act of 2002 (SOX) to state that pre-dispute arbitration agreements that...more
In This Issue:
Beltway Report; Bureau Report; Operations Report; Arbitration Report; Mortgage Report; Privacy Report; Plastics Report; and Preemption Report.
Excerpt from Beltway Report
MOU on Supervisory...more
Earlier this week, we shared the comment letter that was filed jointly by the American Bankers Association, the Consumer Bankers Association and The Financial Services Roundtable in response to the CFPB’s Request for...more
The American Bankers Association, the Consumer Bankers Association and The Financial Services Roundtable have filed a joint comment letter responding to the CFPB’s Request for Information Regarding Scope, Methods, and Data...more
Pacific Rim v El Salvador (ICSID Case No. ARB/09/12) is a recent decision by the International Centre for Settlement of Investment Disputes (ICSID). The arbitration is brought under the Dominican Republic — Central America —...more
Following the conclusion of a two-month public consultation period, the Hong Kong Securities and Futures Commission (SFC) announced on 21 May 2012 amendments to the Code of Conduct for Persons Licensed by, or Registered with,...more
The Consumer Financial Protection Bureau (CFPB) has launched the preliminary stage of its study into the use of mandatory arbitration clauses by issuing a Request for Information to the public asking for suggestions about how...more
We think two posts by Deepak Gupta that recently appeared on the Consumer Law & Policy Blog make for interesting reading.
Last July, on our blog, we wrote about how the hiring of Mr. Gupta by the CFPB’s Office of General...more
Maryland Adds Foreclosure Registration Requirement, Authorizes Pre-file Mediation, Amends Mortgage Licensing. On May 2, Maryland Governor O’Malley signed House Bill 1373, which establishes a state foreclosed property...more
One of the few grounds on which an arbitration award may be challenged in Superior Court is that the arbitrator exceeded his authority by denying a litigant a fair hearing. In a recent unpublished decision, Hansalik v. Wells...more
On April 24, the CFPB released a request for information to inform its study of the use and impact of arbitration clauses in consumer financial services agreements. Through June 23, 2012, the CFPB is seeking information from...more
On April 20, pursuant to the Dodd-Frank Act, the SEC approved amendments to FINRA Rule 13201 of the Code of Arbitration Procedure for Industry Disputes (Industry Code). The amendments provide that a dispute arising under a...more
This article was first published in the "Global Islamic Finance Report 2012"
in April 2012.
The number of Sharia compliant products that are available has grown enormously over the past few years. Many Islamic finance...more
On March 18 - 20, 2012, the Securities Industry and Financial Markets Association (SIFMA) Compliance & Legal Society hosted its annual seminar. Drawing some 1,300 securities industry participants and observers, the seminar...more
Nevada’s Foreclosure Mediation Program recently began sending a form letter (the Letter) to homeowners shortly after participation in the Foreclosure Mediation Program. A copy of the Letter is included on the next page. The...more
The High Court has recently held that where multiple farm debts are secured by a farm mortgage, a certificate issued by the NSW Rural Assistance Authority (Authority) under s 11 of the Farm Debt Mediation Act 1994 (NSW) (NSW...more
In 2012, we no doubt will see the continuation of a significant trend towards the use of mediation to resolve financial services disputes. A perfect storm of economic, legislative, and regulatory conditions has been...more
The Securities and Exchange Commission (SEC) has published a proposed rule applicable to arbitrations conducted by the Financial Industry Regulatory Authority, Inc. (FINRA). See 77 Fed. Reg. 1773. The rule would preclude...more
In This Issue:
Beltway Report; Bureau Report; Operations Report; Privacy Report; Arbitration Report; Mortgage Report; and Preemption Report
Excerpt from "Beltway Report"
The Volcker Rule Proposal
In this issue: Arbitration Report; Beltway Report; Mortgage Report; Operations Report; Plastic Report; Preemption Report; Privacy Report; and MoFo Metrics.
Call us “Hobbits” if you will, Senator McCain, but expect more...more
In This Issue
- Transmission Planning and Cost Allocation Under FERC Order No. 1000
Amended regulations ensuring efficient and cost-effective investment decisions are necessary because...more
As of July 22, Washington state’s new foreclosure mediation program, established by the Foreclosure Fairness Act (FFA), provides a mechanism for borrowers facing foreclosure to pursue modified loan agreements with the help of...more