North America

Government Accountability Office Reports On The Status of Study Concerning Appraisal Methods And the Home Valuation Code of Conduct

Section 1476 of the Dodd–Frank Wall Street Reform and Consumer Protection Act 2010 requires the Government Accountability Office to report within 90 days on the status of a GAO study mandated by the Dodd-Frank Act on real estate appraisal issues.
Originally Published: 
Tuesday, October 19, 2010

Government Accountability Office Reports on Status of Programs and Implementation of Recommendations for the Troubled Asset Relief Program

Since the Troubled Asset Relief Program (“TARP”) was implemented, the GAO has issued more than 40 reports containing more than 60 recommendations to the Department of the Treasury.
Originally Published: 
Tuesday, January 18, 2011

Financial Stability Oversight Council Publishes Study on Prohibitions on Proprietary Trading & Certain Relationships with Hedge Funds and Private Equity Funds

The Study suggests that proprietary trading in banking entities is speculative and recommends a supervisory framework that effectively prohibits proprietary trading activities throughout a banking entity, and not just within certain business units.
Originally Published: 
Tuesday, January 18, 2011

Financial Stability Oversight Council Reports on Macroeconomic Effects on Risk Retention Requirements

Section 941 of the Dodd-Frank Wall Street Reform and Consumer Protection Act 2010 imposes credit risk retention requirements, under which securitizers, and, in certain circumstances, originators of asset-backed securities must retain not less than 5 percent of the credit risk for any asset unless th
Originally Published: 
Tuesday, January 18, 2011

Financial Stability Oversight Council Releases Study On Concentration Limits on Large Financial Companies

Section 622 of The Dodd-Frank Wall Street Reform and Consumer Protection Act 2010 establishes a financial sector concentration limit that generally prohibits a financial company from merging or consolidating with, or acquiring, another company if the resulting company’s consolidated liabilities woul
Originally Published: 
Tuesday, January 18, 2011

Pages