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Senate passes financial regulatory reform legislation
- Alston & Bird LLP
- -
- USA
- -
- July 15 2010
Today, following an earlier 60-38 Senate vote to invoke cloture, the Senate passed the Dodd-Frank Wall Street Reform and Consumer Protection Act conference report by a vote of 60-39
Congressional Oversight Panel releases report on impact of the Capital Purchase Program on small banks
- Alston & Bird LLP
- -
- USA
- -
- July 14 2010
Today, the Congressional Oversight Panel (COP) released its July oversight report entitled Small Banks in the Capital Purchase Program, analyzing the impact of Treasury's Capital Purchase Program (CPP) on smaller banking institutions
Senator Nelson confirms support for financial reform legislation; Senate Democrats expected to overcome any potential Republican filibuster
- Alston & Bird LLP
- -
- USA
- -
- July 13 2010
Today, Senator Ben Nelson (D-NE) confirmed that he will "vote for" the Dodd-Frank Wall Street Reform and Consumer Protection Act conference report, recently passed by the House before the July 4th recess, alleviating concerns that Senate Democrats might not have the 60 votes needed to overcome a Republican filibuster of the legislation
Treasury releases twentieth Section 105(a) progress report
- Alston & Bird LLP
- -
- USA
- -
- July 13 2010
Yesterday, Treasury released its latest monthly progress report to Congress on the Troubled Asset Relief Program (TARP
Senator Scott Brown declares opposition to $19 billion "bank tax"; House-Senate conference may reconvene
- Alston & Bird LLP
- -
- USA
- -
- June 29 2010
Today, Senator Scott Brown (R-MA), one of the few Republicans to vote for passage of the financial reform bill, sent a letter to Senate Banking Committee Chairman Christopher Dodd (D-CT) and House Financial Services Committee Chairman Barney Frank (D-MA) declaring his opposition to the roughly $19 billion "bank tax" on large banks and hedge funds that is included in the recently reconciled Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act
House Financial Services and Senate Banking Committees publish final conference report
- Alston & Bird LLP
- -
- USA
- -
- June 28 2010
Following two weeks of intense negotiations that concluded early this past Friday morning, over the weekend, the House Financial Services Committee and Senate Banking Committee separately published the final conference report of the House-Senate Conference Committee, entitled the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act), along with a summary of "highlights of the legislation"
Massachusetts Attorney General and Morgan Stanley settle subprime investigation
- Alston & Bird LLP
- -
- USA
- -
- June 24 2010
Earlier today, Massachusetts Attorney General Martha Coakley announced that Morgan Stanley has agreed to pay a combined $102 million to affected Massachusetts homeowners and the Commonwealth of Massachusetts following an investigation by the Attorney General's Office into Morgan Stanley's role in the securitization and financing of Massachusetts subprime loans
GAO publishes report on foreclosure mitigation programs
- Alston & Bird LLP
- -
- USA
- -
- June 24 2010
Today, the Government Accountability Office published a TARP report entitled Further Actions Needed to Fully and Equitably Implement Foreclosure Mitigation Programs
House-Senate Conference Committee begins week two of negotiations on financial regulatory reform
- Alston & Bird LLP
- -
- USA
- -
- June 22 2010
Today, the House-Senate Conference Committee met for its fourth day of negotiations on the Restoring American Financial Stability Act of 2010, focusing on the following Titles of the Senate base text
Federal banking agencies adopt final guidance on incentive compensation
- Alston & Bird LLP
- -
- USA
- -
- June 21 2010
Today, the Office of the Comptroller of the Currency, Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation and the Office of Thrift Supervision announced the adoption of final interagency guidance on sound incentive compensation policies applicable to all banking organizations supervised by the four banking agencies
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