We use cookies to customise content for your subscription and for analytics.
If you continue to browse Lexology, we will assume that you are happy to receive all our cookies. For further information please read our Cookie Policy.
Lexology logo
  Request new password

Search results

Order by most recent / most popular / relevance

Results: 1-10 of 14

Financial services legislative and regulatory update - July 22 2011

  • Mintz Levin Cohn Ferris Glovsky and Popeo PC
  • -
  • USA
  • -
  • July 22 2011

With less than two weeks to go before the U.S. debt ceiling is penetrated, House Speaker John Boehner (R-OH) abruptly announced that he was pulling out of his seemingly positive negotiations with President Obama

Financial services legislative and regulatory update - July 15 2011

  • Mintz Levin Cohn Ferris Glovsky and Popeo PC
  • -
  • USA
  • -
  • July 15 2011

It was another week of alphabet soup, ending with the news that Congress is going to take up the CCB to appease conservatives who see a vote on a balanced budget amendment to the Constitution as the only way to deal with impending crack in the debt ceiling, which is now less than two weeks away

Financial services legislative and regulatory update - July 8 2011

  • Mintz Levin Cohn Ferris Glovsky and Popeo PC
  • -
  • USA
  • -
  • July 8 2011

It was all debt ceiling again this week, and as of this past Friday there are 25 days until the August 2nd default date, but only 14 days until the July 22nd deadline imposed by the President to give Congress enough time to draft the legislation

CFTC sets tentative date to issue measure on derivatives end users

  • Mintz Levin Cohn Ferris Glovsky and Popeo PC
  • -
  • USA
  • -
  • June 10 2011

On June 9th, CFTC Chairman Gary Gensler announced that the agency will likely issue a proposal by June 14th that will shield the “harmless” users of the derivatives market from negative legal consequences and uncertainty associated with implementation of Dodd-Frank

New attacks on commodity “speculation” on the horizon

  • Mintz Levin Cohn Ferris Glovsky and Popeo PC
  • -
  • USA
  • -
  • June 10 2011

With continued volatility in the commodity markets, and the impact of that volatility on the price of oil, it should be little surprise that various governmental bodies are taking aim at speculators

CFTC announces measure to proide legal certainity to regulated institutions in lieu of finalized rules by the July deadline

  • Mintz Levin Cohn Ferris Glovsky and Popeo PC
  • -
  • USA
  • -
  • June 3 2011

On June 2nd, CFTC Chairman Gary Gensler announced that the agency will be issuing a preventative measure to protect derivatives users from legal issues and uncertainty before the July 16th deadline to enforce certain Dodd-Frank requirements

Senate Banking Subcommittee examines derivatives clearinghouses

  • Mintz Levin Cohn Ferris Glovsky and Popeo PC
  • -
  • USA
  • -
  • May 27 2011

While the House Committee approved legislation to delay implementation of derivatives regulation, a Senate Banking Subcommittee hearing discussed the merits and challenges of establishing derivatives clearinghouses

Potential extension of swaps rules causes international backlash

  • Mintz Levin Cohn Ferris Glovsky and Popeo PC
  • -
  • Global, USA
  • -
  • May 27 2011

According to a Wall Street Journal article published this week, foreign banks and funds are becoming increasingly concerned that U.S. regulators will extend their activities overseas and enforce risk mitigation portions of the Dodd-Frank Act abroad

House committee approves delayed derivatives rulemaking

  • Mintz Levin Cohn Ferris Glovsky and Popeo PC
  • -
  • USA
  • -
  • May 27 2011

On May 24th, the House Financial Services Committee agreed to legislation that would delay the implementation of the derivatives and swaps market reform portions of the Dodd-Frank Act for two years

CFTC commissioner, New York delegation skeptical of proposed swap rules

  • Mintz Levin Cohn Ferris Glovsky and Popeo PC
  • -
  • USA
  • -
  • May 20 2011

Recently, CFTC Commissioner Scott O'Malia criticized aspects of several CFTC Dodd-Frank rulemakings