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.

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