Darren Cooper

SEC adopts final rules eliminating prohibition on general solicitation and general advertising; impact on private funds

USA - July 31 2013 On July 10, 2013, the Securities and Exchange Commission (SEC) approved final rules to implement changes mandated by the Jumpstart Our Business…

Malachi J. Alston, David Baum, Willa Bruckner, Patrick C. DiCarlo, John P. Doherty

Senate passes financial regulatory reform legislation

USA - July 15 2010 Today, following an earlier 60-38 Senate vote to invoke cloture, the Senate passed the Dodd-Frank Wall Street Reform and Consumer Protection Act conference report by a vote of 60-39.

Congressional Oversight Panel releases report on impact of the Capital Purchase Program on small banks

USA - July 14 2010 Today, the Congressional Oversight Panel (COP) released its July oversight report entitled Small Banks in the Capital Purchase Program, analyzing the impact of Treasury's Capital Purchase Program (CPP) on smaller banking institutions.

Senator Nelson confirms support for financial reform legislation; Senate Democrats expected to overcome any potential Republican filibuster

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.

Treasury releases twentieth Section 105(a) progress report

USA - July 13 2010 Yesterday, Treasury released its latest monthly progress report to Congress on the Troubled Asset Relief Program (TARP).