North America
The False Promise of Regulatory Reform
Finding the Cure for Corporate Accountability
Delaware Chancery Court Scolds Goldman Sachs for Conflicts of Interest (Again)
Chancellor Leo Strine of the Delaware Chancery Court has had enough of Goldman Sachs' disregard for the M&A rules everyone else plays by.
Originally Published:
Wednesday, February 29, 2012
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
Federal Reserve Board Reports to Congress on Risk Retention
Section 941(c) of the Dodd–Frank Wall Street Reform and Consumer Protection Act 2010 requires that the Federal Reserve Board conduct a study on the effect of the new risk retention requirements to be developed and implemented by the federal agencies.
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