The Basel Committee proposes to double down on counterparty exposure limits *

Global - April 3 2013
On March 26, the Basel Committee on Banking Supervision ("Basel Committee") published a Consultative Document in which it proposes a revised…

Co-authors: Jeremy Jennings-Mares, Charles M. Horn.

---

D.C. Circuit hands the CFPB a setback? *

USA - January 30 2013
At the end of last week, the U.S. Court of Appeals for the District of Columbia Circuit issued its decision in Noel Canning v. National Labor…

Co-authors: Marc A. Hearron, Andrew Smith, Jeremy R. Mandell, Richard Fischer.

---

CFPB proposed amendments to Reg. Z ability-to-pay requirements *

USA - October 19 2012
On October 17, 2012, the Consumer Financial Protection Bureau (“CFPB”) issued a proposed rule (“Proposed Rule”) to amend the Truth in Lending Act’s (“TILA”) ability-to-pay requirements, as added by the Credit Card Accountability Responsibility and Disclosure Act of 2009 (“CARD Act”) and implemented by Regulation Z.

Co-authors: Obrea Poindexter, Richard Fischer.

---

SEC statement on money market fund reforms *

USA - August 24 2012
On August 22, 2012, SEC Chairman Mary Schapiro announced that three of the five SEC Commissioners, constituting a majority of the Commission, had informed her that they would not support a staff proposal to reform money market funds.

Co-authors: Jay G. Baris, Kelley A. Howes.

---

CFPB issues compliance bulletin on marketing of add-on products *

USA - July 21 2012
On July 18, 2012, the Consumer Financial Protection Bureau (“CFPB”) issued a compliance bulletin for credit card issuers on the marketing of add-on products (“Bulletin”).

Co-authors: Andrew Smith, Obrea Poindexter, Richard Fischer.

---