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Results: 1-10 of 42

House-Senate Conference Committee hold second day of negotiations on financial regulatory reform legislation
  • Alston & Bird LLP
  • USA
  • June 17 2010

Yesterday, the House-Senate Conference Committee met for its second day of negotiations on the Restoring American Financial Stability Act of 2010, focusing on the following Titles of the Senate base text


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


New Verus unclaimed property audit initiative branches out
  • Alston & Bird LLP
  • USA
  • October 9 2012

We have learned that Verus Financial, LLC (“Verus”), the contract audit firm recently known for conducting multistate unclaimed property examinations of the insurance industry, has begun to focus its audit activity on companies in the securitiesfinancial products and services arena


CFPB moves quickly to launch nonbank supervision program
  • Alston & Bird LLP
  • USA
  • January 12 2012

Despite Republican efforts to prevent such a move, on January 4, 2012, President Obama used a recess appointment to install Richard Cordray as the director of the Consumer Financial Protection Bureau (“Bureau”


Secretary Geithner testifies before House Financial Services Committee on Administration's proposals for financial regulatory reform
  • Alston & Bird LLP
  • USA
  • September 23 2009

Today, Treasury Secretary Timothy Geithner testified before the House Financial Services Committee on the Obama Administration's proposals for financial regulatory reform


House Financial Services Committee passes the Consumer Financial Protection Agency Act
  • Alston & Bird LLP
  • USA
  • October 22 2009

Today, after four days of mark up sessions, the House Financial Services Committee, by a 39-29 vote, approved H.R. 3126, the Consumer Financial Protection Agency Act of 2009 (CFPA Act


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


House Committee holds hearing on compensation in the financial industry
  • Alston & Bird LLP
  • USA
  • January 22 2010

Today, the House Committee on Financial Services held a hearing on compensation in the financial services industry


Regulatory reform proposal released by Obama administration
  • Alston & Bird LLP
  • USA
  • June 18 2009

Yesterday, the Obama administration proposed sweeping reform of the federal regulatory structure for banking, insurance and securities firms (the "Proposal"