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Financial Stability Oversight Council Pending Legislation

A&O Shearman

CHOICE Act 2.0 Passes the House: What Is the ‘CHOICE’?

A&O Shearman on

On June 8, 2017, the House of Representatives passed an amended version of H.R. 10, the Financial CHOICE Act of 2017, or CHOICE Act 2.0, which scales back or eliminates many of the post-crisis financial reforms that were...more

A&O Shearman

US House of Representatives Passes Legislation Eliminating $50 Billion Asset Threshold for SIFI Designation

A&O Shearman on

The US House of Representatives passed a bill (H.R. 6392) that would replace the current supervisory framework under the Dodd-Frank Act that automatically subjects all bank holding companies with $50 billion or more in total...more

Jackson Lewis P.C.

Bill Would Limit Applicability of Dodd-Frank Act to Certain Financial Institutions

Jackson Lewis P.C. on

A bill in Congress would significantly amend the Dodd-Frank Wall Street Reform and Consumer Protection Act (Pub. L. 111–203) to change what institutions might be designated a systemically important risk requiring additional...more

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