Financial Services Legislative And Regulatory Update -- January 21, 2013

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In This Issue:

Leading the Past Week; Legislative Branch; Executive Branch; and Upcoming Hearings.

Excerpt from Leading The Past Week -

Contrasted with the story of the economic recovery, and how the biggest banks were announcing profitable earnings reports, the top story of the past week was how the rhetoric against the so-called Too Big to Fail banks was once again ratcheted up. This time by Dallas Fed President Richard Fisher, no bleeding heart liberal himself, who put forward a scathing report on how and why it was necessary to break up the biggest banks. Despite this broadside against the nation’s largest financial institutions, the remain able to successfully influence Washington remains, as evident by the fact that the FSOC’s announcement of an extension to the comment period for its proposal to regulate money market funds.

Please see full issue below for more information.

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Topics:  CFPB, CFTC, Federal Reserve, FSOC, SEC, TARP, U.S. Treasury

Published In: Administrative Agency Updates, Finance & Banking Updates, Securities Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Mintz Levin - Public Finance Matters | Attorney Advertising

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