There has been a slow start to financial regulatory reform under the Trump Administration, but the conversation is now changing in ways that are serious and thoughtful. This note highligh...
Last week, Target Corp. reached a record $18.5 million settlement with 47 states and the District of Columbia to end investigations into Target’s data breach in 2013. The settlement hi...
A revised version of the Financial CHOICE Act (commonly referred to as CHOICE Act 2.0) was passed by the House Financial Services Committee last week on a strictly partisan vote and will ...
SEC Chair nominee Jay Clayton’s March 23rd hearing before the Senate Banking Committee covered much of the expected ground. In a series of responses designed to avoid controversy, Clayt...
On the heels of his nomination by President Trump to be Chairman of the Commodity Futures Trading Commission, Commissioner Giancarlo delivered a noteworthy speech outlining his vision for...
House Speaker Paul Ryan’s A Better Way policy agenda states that “it is time for serious and fundamental reform” of how regulations are made. The House of Representatives is conside...
Early press accounts of President Trump’s regulatory moratorium are highly misleading for financial sector regulations. On Friday, White House Chief of Staff Reince Priebus issued a me...
With the imminent change in administration in the U.S., Annette Nazareth and Gabriel Rosenberg of Davis Polk’s Financial Institutions Group offer their regulatory reform predictions for...
On January 6, 2017, Congressman Joe Wilson (R-SC) introduced in the House the Protecting American Families’ Retirement Advice Act, which would delay the effective date of the DOL Fiduci...
The following is the Davis Polk visual memorandum analyzing the Federal Reserve’s final rule on total loss-absorbing capacity (TLAC), eligible long-term debt (LTD) and clean holding com...
