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Results: 1-10 of 42

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"


Elizabeth Warren named Assistant to the President and Special Advisor to the Secretary of the Treasury on the Bureau of Consumer Financial Protection; Treasury sets CFPB designated transfer date
  • Alston & Bird LLP
  • USA
  • September 17 2010

Today, President Obama announced the appointment of Elizabeth Warren, currently Leo Gottlieb Professor of Law at Harvard University and Chair of the Congressional Oversight Panel, as Assistant to the President and Special Advisor to the Secretary of the Treasury on the Bureau of Consumer Financial Protection (CFPB


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 regulatory restructuring
  • Alston & Bird LLP
  • USA
  • June 25 2009

Yesterday, the House Financial Services Committee held a hearing entitled "Regulatory Restructuring: Enhancing Consumer Financial Products Regulation" to discuss the administration’s proposed changes to consumer protections for investors


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


U.K. FSA Chief Executive to resign this summer
  • Alston & Bird LLP
  • USA
  • February 9 2010

Today, the U.K. Financial Services Authority (FSA) announced that Mr. Hector Sants would resign from his position as CEO this upcoming summer after serving in this capacity for the last three years


Trade associations urge Senate to consider systemic risk review
  • Alston & Bird LLP
  • USA
  • February 19 2010

Today, a consortium of interested trade associations, including the American Bankers Association, the Financial Services Roundtable and the Mortgage Bankers Association, sent a letter to Senators Christopher J. Dodd (D-CT) and Richard C. Shelby (R-AL), the Chairman and Ranking Member of the Senate Committee on Banking, Housing and Urban Affairs, respectively, urging the Committee to address potential systemic risks posed by accounting standards in the consideration of the Senate’s comprehensive financial industry reform legislation


European Parliament contemplates global financial institution tax
  • Alston & Bird LLP
  • European Union, USA
  • February 23 2010

Today, the European Parliament Economic Affairs Committee issued a press release stating that "a globally implemented tax to discourage excessive risk-taking by financial institutions and to ensure the industry pays for the damage caused by the financial crisis should be considered."


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


FRBNY President and CEO William Dudley delivers speech on “lessons of the crisis”
  • Alston & Bird LLP
  • USA
  • January 26 2010

Last week, William Dudley, the President and Chief Executive Officer of the Federal Reserve Bank of New York, delivered a speech entitled, "Lessons of the Crisis: The Implications for Regulatory Reform" to the Partnership for New York City Discussion