http://www.pattonboggs.com/ en-us Thu, 02 Sep 2010 11:16:44 GMT Thu, 02 Sep 2010 11:16:44 GMT Today, President Obama signed into law the “Dodd-Frank Wall Street Reform and Consumer Protection Act” (the “Dodd-Frank Act”). The House of Representatives and the Senate had approved the Conference Report of this legislation on June 30 and July 15, respectively. http://www.pattonboggs.com/news/Detail.aspx?news=1236 News http://www.pattonboggs.com/news/Detail.aspx?news=1236 Wed, 21 Jul 2010 00:00:00 GMT On Wednesday, June 30, 2010, the U.S. House of Representatives approved the House-Senate conference committee’s financial regulatory reform legislation, the “Dodd-Frank Wall Street Reform and Consumer Protection Act” (the “Dodd-Frank Bill”). The final vote was 237 – 192. This update briefly summarizes a number of the key provisions of the Dodd-Frank Bill. This historic legislation is, however, merely the end of the first phase of modernizing our financial regulatory reform system. Congress has delegated a significant amount of authority in this bill by directing a series of rule makings by various agencies, including the U.S. Securities and Exchange Commission (SEC), the Federal Reserve Board of Governors (Federal Reserve), the Commodity Futures Trading Commission (CFTC) and the Federal Trade Commission (FTC). Interested stakeholders should view the current timing as an opportunity to engage regulators as the process of enacting rules to implement this legislation gets underway. *** http://www.pattonboggs.com/news/Detail.aspx?news=1217 News http://www.pattonboggs.com/news/Detail.aspx?news=1217 Fri, 02 Jul 2010 00:00:00 GMT Early this morning, the House/Senate conference committee completed its work on financial regulatory reform legislation, approving the reconciled legislation by a party line vote of 27 to 16.  This achievement came after conferees reached a compromise on the most contentious provisions in the legislation – the “Volcker Rule,” which limits banks from engaging in proprietary trading, Senate Agriculture Committee Chairwoman Blanche Lincoln’s (D-AR) proposal to spin off banks’ swaps desks, and new rules to regulate the over-the-counter derivatives market.   http://www.pattonboggs.com/news/Detail.aspx?news=1211 News http://www.pattonboggs.com/news/Detail.aspx?news=1211 Fri, 25 Jun 2010 00:00:00 GMT On Thursday, June 17, 2010, the House/Senate conference committee continued working towards completing financial regulatory reform legislation.  Progress was notably slower on Thursday, as more controversial issues began to be discussed.  http://www.pattonboggs.com/news/Detail.aspx?news=1204 News http://www.pattonboggs.com/news/Detail.aspx?news=1204 Fri, 18 Jun 2010 00:00:00 GMT On Wednesday, June 16, 2010, the House/Senate conference committee took up issues of oversight of the Federal Reserve, investor protection, executive compensation, and SEC funding. Conferees continued to work toward a July 4th stated goal, with a potential vote on the House floor as early as the end of next week. http://www.pattonboggs.com/news/Detail.aspx?news=1203 News http://www.pattonboggs.com/news/Detail.aspx?news=1203 Thu, 17 Jun 2010 00:00:00 GMT On Tuesday, June 15, 2010, the House/Senate conference committee took up issues of bank regulation, insurance regulation, credit rating agency regulation, hedge fund and private equity regulation, and overhaul of deposit insurance levels. http://www.pattonboggs.com/news/Detail.aspx?news=1196 News http://www.pattonboggs.com/news/Detail.aspx?news=1196 Wed, 16 Jun 2010 00:00:00 GMT http://www.pattonboggs.com/news/Detail.aspx?news=1185 News http://www.pattonboggs.com/news/Detail.aspx?news=1185 Wed, 09 Jun 2010 00:00:00 GMT