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Results: 1-10 of 42

Class action round-up - spring 2015
  • Alston & Bird LLP
  • USA
  • June 9 2015

On April 27, 2015, the U.S. Supreme Court granted certiorari in Spokeo, Inc. v. Robinssetting the stage for an important decision on whether a


Class action round-up - spring 2014
  • Alston & Bird LLP
  • USA
  • May 22 2014

In a mortgage-related row, the Ninth Circuit reversed the Central District of California’s grant of summary judgment in favor of several bank


House Financial Services Committee holds hearing on the future of financial services regulation
  • Alston & Bird LLP
  • USA
  • October 22 2008

Yesterday, the House Committee on Financial Services held a hearing "to address the need for broad regulatory restructuring and reform for the financial markets, including financial institution oversight and regulation, systemic risk, and housing finance."


Senate banking committee holds hearing on consumer protection within the financial services industry
  • Alston & Bird LLP
  • USA
  • March 3 2009

The Senate Banking, Housing and Urban Affairs Committee held a hearing today on the importance of restructuring the regulation of the financial service industry to include additional consumer protection


House Financial Services Subcommittee holds hearing on systemic risk
  • Alston & Bird LLP
  • USA
  • March 6 2009

The House Financial Services Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises held a hearing yesterday regarding perspectives on systemic risk in the financial system


President Obama reaffirms support for the creation of the Consumer Financial Protection Agency
  • Alston & Bird LLP
  • USA
  • October 14 2009

Last Friday, President Obama speaking in the White House East Room before several distinguished members of the Administration including Treasury Secretary Geithner, FDIC Chairman Bair and members of Congress reflected upon the Administration’s present efforts regarding consumer financial protection reform and reaffirmed his support for the creation of the Consumer Financial Protection Agency ("CFPA"


House subcommittee hearing on proposed Consumer Financial Protection Agency
  • Alston & Bird LLP
  • USA
  • July 9 2009

Yesterday, the House Committee on Energy and Commerce's Subcommittee on Commerce, Trade, and Consumer Protection held a hearing entitled "The Proposed Consumer Financial Protection Agency: Implications for Consumers and FTC"


Congressman Barney Frank introduces legislation to establish the Consumer Financial Protection Agency
  • Alston & Bird LLP
  • USA
  • July 9 2009

Yesterday, House Financial Services Committee Chairman Barney Frank (D-MA.), joined by twelve cosponsors, introduced H.R. 3126, the "Consumer Protection Financial Agency Act of 2009," which would, as its name implies, establish a new Consumer Financial Protection Agency (CFPA


Federal Reserve Governor Tarullo gives speech on reviews evolution of federal financial regulation
  • Alston & Bird LLP
  • USA
  • November 10 2009

Yesterday, Daniel K. Tarullo, a governor of the Federal Reserve System, gave a speech at the Money Marketeers of New York University summarizing the evolution of financial regulation in the United States and how we came to the current market crises and outlined key elements of a reform agenda


AIG announces intention to sell part of its stake in Transatlantic Holdings
  • Alston & Bird LLP
  • USA
  • May 29 2009

Yesterday, American International Group, Inc. (AIG) announced its intentions to sell a portion of its 59 stake in Transatlantic Holdings Inc. (TRH), a reinsurer that is publicly traded on the New York Stock Exchange, in an underwritten secondary offering intended to raise capital for AIG