Search results
Order by most recent / most popular / relevance
Results: 1-10 of 23
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
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
Chancellor of the Exchequer confirms abolition of tripartite regime
- Alston & Bird LLP
- -
- United Kingdom
- -
- June 17 2010
Yesterday, at a speech in London, the U.K.'s Chancellor of the Exchequer, George Osborne, confirmed that as part of "a new system of regulation," the U.K. government will "abolish the tripartite regime, and the Financial Services Authority will cease to exist in its current form."
Federal government and SEC charge former chairman of major mortgage lender with multiple counts of fraud and related TARP scheme
- Alston & Bird LLP
- -
- USA
- -
- June 16 2010
Today, members of the Financial Fraud Enforcement Task Force announced a 16-count indictment for Lee Bentley Farkas (Farkas), the former chairman of a private mortgage lending company, Taylor, Bean & Whitaker (TBW), for "his alleged role in a more than $1.9 billion fraud scheme that contributed to the failure of Colonial Bank, one of the 50 largest banks in the United States in 2009, and TBW, one of the largest privately held mortgage lending companies in the United States" in 2009
House-Senate Conference Committee begins negotiations on financial regulatory reform legislation
- Alston & Bird LLP
- -
- USA
- -
- June 15 2010
Today, the House-Senate Conference Committee (Conference Committee) met for its first day of negotiations on the Restoring American Financial Stability Act of 2010, focusing on the following Titles of the Senate base text
Economic and Financial Affairs (ECOFIN) Council announces agenda for upcoming session
- Alston & Bird LLP
- -
- European Union
- -
- June 3 2010
Today, the Economic and Financial Affairs (ECOFIN) Council announced an agenda of its upcoming session to be held on June 8 in Luxembourg
European Commission proposes amendments to credit rating agency rules and launches public consultation on corporate governance reform
- Alston & Bird LLP
- -
- European Union
- -
- June 2 2010
Today, the European Commission proposed amendments to European Union rules on credit rating agencies (CRA) to "ensure efficient and centralised supervision at the European level, and increase transparency on entities requesting the ratings so that all agencies have access to the same information."
House Republican Leader Boehner requests live coverage of Financial Regulatory Reform Conference
- Alston & Bird LLP
- -
- USA
- -
- May 23 2010
Following Senate approval of the Restoring American Financial Stability Act of 2010 this past Thursday, House Republican Leader John Boehner (R-OH) sent a letter to Speaker of the House Nancy Pelosi (D-CA) stressing the importance of an "open and fully bipartisan conference committee" to resolve differences between the Senate and House bills
Financial reform legislation: amendments to S. 3217 during the week of May 10
- Alston & Bird LLP
- -
- USA
- -
- May 21 2010
Yesterday evening, the Senate passed its bill on financial reform, S. 3217, the “Restoring American Financial Stability Act of 2010.”
Republicans circulate substitute summary of Financial Regulatory Reform Bill; cloture motion on Senate bill fails for third time
- Alston & Bird LLP
- -
- USA
- -
- April 28 2010
Yesterday, Senate Republicans circulated a brief summary of the Financial Regulatory Improvement and Taxpayer Protection Act, a Republican substitute to the Restoring American Financial Stability Act of 2010 (S.3217) previously passed by the Senate Banking Committee along party lines, and which has failed to reach the Senate floor for debate following three failed cloture motions by Senate Majority Leader Harry Reid (D-NV), including today's 56-42 rejection of the motion
