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Results: 11-20 of 25

Senate financial regulatory reform
  • Locke Lord LLP
  • USA
  • March 2 2010

As efforts to produce a bipartisan deal on sweeping financial regulatory reform legislation inch forward, Senator Bob Corker (R-TN) offered an alternative proposal that aims to end the impasse over one of the legislation's most controversial issues - consumer financial protection


Proposed Financial Crisis Responsibility Fee could affect large insurers
  • Locke Lord LLP
  • USA
  • February 3 2010

President Obama's proposed Financial Crisis Responsibility Fee, which he unveiled last month, has been included in the 2011 budget proposal released on Monday, February 1, 2010


House Financial Services Committee hearing schedule - February 2010
  • Locke Lord LLP
  • USA
  • February 1 2010

As you know, Congress and the Obama administration have placed significant focus this year upon reform of the financial services industry


What Dodd’s retirement may mean for financial regulatory overhaul
  • Locke Lord LLP
  • USA
  • January 8 2010

Wednesday’s announcement that Senate Banking, Housing and Urban Affairs Committee Chairman Christopher Dodd (D-CT) will retire and not seek reelection in 2010 will surely have an impact on the large-scale financial regulatory overhaul effort he is currently shepherding through the Committee


Unscrambling the Gramm-Leach-Bliley omelet
  • Locke Lord LLP
  • USA
  • December 23 2009

Sen. John McCain, R-Arizona, and Sen. Maria Cantwell, D-Washington, proposed on December 16, 2009 rebuilding the barriers separating commercial banks, investment banks and insurers established under the Depression Era Glass-Steagall Act


Details of House-passed financial regulatory reform legislation
  • Locke Lord LLP
  • USA
  • December 14 2009

On Friday, the House passed its 1,200 page package of nine bills to reform the U.S. financial regulatory system by a vote of 223-202


House committee completes action on financial regulatory reform legislation, stage set for floor vote next week
  • Locke Lord LLP
  • USA
  • December 3 2009

The House Financial Services Committee completed its work on a large scale financial regulatory overhaul on Wednesday, when the committee voted to approve the final piece of the Administration’s reform proposal systemic risk legislation


House Financial Services Committee and Treasury Department release Financial Stability Improvement Act of 2009
  • Locke Lord LLP
  • USA
  • November 9 2009

On October 27, 2009, the House Financial Services Committee and the Treasury Department released draft legislation, titled the Financial Stability Improvement Act of 2009 (the "Bill"), to address systemic risk issues, particularly in connection with financial institutions that are considered "too big to fail."


P&C insurers to submit copies of consumer notices in connection with credit scoring to New Jersey Department of Banking and Insurance
  • Locke Lord LLP
  • USA
  • October 5 2009

On April 26, 2004, the New Jersey Department of Banking and Insurance (“NJDBI”) issued Bulletin No. 04-05 advising property & casualty insurers that they may use credit scoring in determining an insured’s rate provided that consumer protection measures are established, including, but not limited to providing rate, underwriting and classification exceptions for consumers whose credit information has been directly influenced by extraordinary life events, such as a serious illness, temporary loss of employment, divorce or identity theft, to name a few


Financial regulatory reform outlook
  • Locke Lord LLP
  • USA
  • October 1 2009

Though currently shadowed by healthcare reform efforts that have dominated the congressional schedule this fall, the push to enact a financial regulatory overhaul has been making steady progress in Congress