InfoBytes, July 15, 2011 - Weekly In-depth review of news & developments in the financial services industry


In This Issue:

Federal Issues; State Issues; Courts; Firm News; Firm Publications; Mortgages; Banking; Consumer Finance; Litigation; and E-Financial Services.

Excerpt from Federal Issues:


Treasury to End Sale of Paper U.S. Savings Bonds. On July 13, the Bureau of the Public Debt announced that paper savings bonds will no longer be sold at financial institutions as of January 1, 2012 but electronic savings bonds will remain available in Series EE and I. Electronic savings bonds are available for purchase through TreasuryDirect, which is a secure, web-based system operated by the Bureau of Public Debt on which one can buy, manage, and redeem electronic bonds. Ending the sale of paper bonds at financial institutions is part of the U.S. Department of the Treasury's all-electronic initiative and is expected to save American taxpayers approximately $70 million over the first five years. Paper savings bond holders still can redeem their bonds at financial institutions, and bonds that have not matured that have been lost, stolen, or destroyed can be reissued in paper or electronic form. For more information about the elimination of paper bonds and how to enroll in TreasuryDirect, visit

Please see full newsletter below for more information.

LOADING PDF: If there are any problems, click here to download the file.

Written by:

Published In:

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.

© BuckleySandler LLP | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »


BuckleySandler attorneys are among the leading financial services law practitioners in the country... View Profile »

Follow BuckleySandler LLP :

Reporters on Deadline

All the intelligence you need, in one easy email:

Great! Your first step to building an email digest of JD Supra authors and topics. Log in with LinkedIn so we can start sending your digest...

Sign up for your custom alerts now, using LinkedIn ›

* With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name.