In this issue;
- Senate Passes Revised Version of JOBS Bill
- SEC Staff Issues Risk Alert on Municipal Securities Underwriting Practices
- ISDA Dodd-Frank Documentation Project
- CFTC Issues No-Action Letter to Provide Temporary and Conditional Relief for Large Trader Reporting
- Court Finds Exigent Circumstances Warrant Appointment of Receiver for an Insolvent, Closely Held Corporation
- Court Considers Whether Doctrine of Laches Bars Claims Arising Under Cancellable Contracts
- FDIC Threatens Bank Directors Who Copy Bank Records For Defense Purposes and "Reminds" Bank Counsel of Their Fiduciary Duty
- FDIC Issues Proposal Regarding Enforceability of Contracts For Systemically Important Financial Institutions
- FDIC Extends Comment Period On Stress Tests
- FDIC Proposes Changes to Large Bank Assessment Rule To Quell Discomfort Among Large Banks
An excerpt from " FDIC Extends Comment Period On Stress Tests"
On March 21, the Federal Deposit Insurance Corporation (FDIC) extended until April 30, 2012, the comment period on a proposal to implement the requirements in Section 165 of the Dodd-Frank Wall Street Reform and Consumer Protection Act to require state, non-member banks and savings associations with more than $10 billion in consolidated assets to conduct annual stress tests.
Please see full newsletter below for more information.
Firefox recommends the PDF Plugin for Mac OS X for viewing PDF documents in your browser.
We can also show you Legal Updates using the Google Viewer; however, you will need to be logged into Google Docs to view them.
Please choose one of the above to proceed!
LOADING PDF: If there are any problems, click here to download the file.