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The Senate Banking Committee has voted out of committee a bipartisan effort to ease Dodd-Frank regulations. The bill in question could “drastically cut” the number of banks subject to heightened Fed oversight and “would ease red tape affecting credit unions and community banks” – WSJ and Law360

Which makes all the more interesting yesterday’s report from the Treasury Department’s Office of Financial Research (its independent research arm) warning that “the financial system could be shaken if one or more big banks fail” – WSJ

More on why contentious Irish border issues [and intraparty fighting] are causing yet further headaches for Theresa May and her Brexit talks with the EU – NYTimes and Bloomberg and Marketplace

Movie theater chains Cineworld and Regal Entertainment are joining forces as part of a $3.6 billion deal aimed at challenging AMC Entertainment’s outsized position in the movie theater world – NYTimes

A NY Appellate Court has deemed Deutsche Bank out of luck in its toxic RMBS-related suits against Barclays and HSBC, finding that DB’s home state (Cali) statute of limitations (4 years) bars the action – Law360

Aetna’s outgoing CEO Mark Bertolini has a few, ahem, incentives to get the deal with CVS done – WSJ

A group of investors is arguing against insurer AmTrust Financial Services Inc.’s motion to dismiss their proposed class action, arguing that AmTrust cannot assert that its “allegedly misstated financial metrics were just opinions” – Law360

Bloomberg on the “$814 million mystery” at the core of Bitfinex, the world’s biggest bitcoin exchange. [Hint—better study up on the digital token “Tether”] – Bloomberg

No one expected Mick Mulvaney’s installment at the CFPB to mean business as usual at the consumer protection watchdog. And that’s bearing out quickly—as evidenced by a change in course in the CFPB’s battle against Nationwide over allegedly misleading mortgage consumers – NYTimes

Columbia’s going all Ice World of Hoth on us with this limited edition outerwear collection that drops on Friday – Mashable

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.

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