On February 8, 2011, the Board of Governors of the Federal Reserve System (the “Board”) issued a notice of proposed rulemaking and request for comment setting forth suggested definiti...
In the wake of the recent purchase of AmericanWest Bank by a joint venture between a Goldman Sachs fund and Oaktree Capital, we have received numerous client inquiries regarding the diffe...
As required by the Dodd-Frank Act, the Financial Stability Oversight Council (the “FSOC” or “Council”), has completed a study of the concentration limit imposed by Section 622 of ...
The Financial Stability Oversight Council’s (“FSOC” or the “Council”) studyon the Volcker Rule calls for robust implementation of the core proprietary trading prohibition while ...
The designation of systemically important nonbank financial companies has generated significant interest from multiple stakeholders about which companies the Financial Stability Oversight...
On September 18, 2010, the SEC proposed amendments which would require both financial and nonfinancial companies to disclose additional information in registration statements and periodic...
The Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Dodd-Frank Act”), enacted after a long and intensive legislative process, will impact private funds and their advis...
On September 12, 2010, the Group of Governors and Heads of Supervision, the oversight body of the Basel Committee on Banking Supervision (the “Basel Committee Oversight Body” and the ...
Today, President Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act. Congress has made a policy decision to stage the effectiveness of the law over time, giving fi...
With the President’s signature on July 21, 2010, the Dodd-Frank Wall Street Reform and Consumer Protection Act (“the Act”) is law of the land.
The Act marks the greatest legislativ...
