The OCC has issued revised Mortgage Banking and Retirement Plan Products and Services booklets of the Comptroller's Handbook. The revised Mortgage
The FDIC has issued guidance applicable to all FDIC-supervised banks and thrifts on recordkeeping and confirmation requirements for securities
The Nutter Bank Report is a monthly electronic publication of the firm's Banking and Financial Services Group and contains regulatory and legal
The FDIC has recently issued three financial institution letters ("FILs") that provide advice and discuss supervisory expectations for banks in
The OCC issued a final rule on August 15 that amends the OCC's rule governing lending limits applicable to banks to include credit exposures arising
The OCC issued a final rule on June 20 that amends its lending limits regulation to implement section 610 of the Dodd-Frank Act, which added certain
The Financial Accounting Standards Board ("FASB") has issued a proposal to change impairment accounting so that the allowance for credit losses on loans
The FDIC and the Federal Reserve have issued guidance letters to remind depository institutions that, effective January 1, 2013, they may no longer rely solely on credit ratings issued by nationally recognized statistical rating organizations to determine whether a particular security is permissible for investment.
The OCC issued a proposed rule to remove references to credit ratings from various OCC regulations, including the reference to credit ratings in the definition of “investment grade” in its investment securities regulations at 12 C.F.R. Part 1.
The Financial Industry Regulatory Authority (“FINRA”) has issued new guidance to securities firms and brokers on the use of social media to communicate with the public.