In this issue:

- Bank Prudential Regulation & Regulatory Capital

- Compensation

- Consumer Protection

- Derivatives

- Enforcement

- Financial Services

- Funds

- Recovery & Resolution

- People

- Events

- Excerpt from Bank Prudential Regulation & Regulatory Capital:

Federal Reserve Board Establishes Concentration Limits for Financial Companies -

On November 5, 2014, the US Board of Governors of the Federal Reserve System (“Federal Reserve Board”) issued a final rulemaking that establishes concentration limits for large financial companies. The final rule implements Section 622 of the Dodd-Frank Wall Street Reform and Consumer Protection Act and will be effective January 1, 2015.