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U.S. Supreme Court vacates decision on interest for escrow accounts, orders further review | JD...
JD Supra· 6 days agoOn May 30, the U.S. Supreme Court vacated and remanded for further proceedings a 2022 decision by the Second Circuit that held that the National Bank Act preempted a New York ...
FUNDamentals: Fifth Circuit Vacates New SEC Private Fund Adviser Rules | JD Supra
JD Supra· 2 days agoS. Securities and Exchange Commission’s (“SEC’s”) private fund advisers rules (the "Rules"), which would have imposed additional reporting ...
Mortgage closing fees are in the hot seat. Here's why feds are looking into them.
CBS News via Yahoo Finance· 20 hours agoThe MBA said lenders worked with the CFPB a decade ago on making sure mortgage fees were laid out...
JD Supra: A Handbook for SEC Whistleblowers
JD Supra· 2 days agoThe U.S. Securities and Exchange Commission’s (SEC) Whistleblower Program was created in Section 922 of the Dodd-Frank
Supreme Court punts the NBA preemption analysis back to the Second Circuit | JD Supra
JD Supra· 6 days agoBank of America, N.A., and remanded it back to the Second Circuit and instructed the appellate court to analyze whether New York’s law requiring interest to be paid on mortgage ...
JD Supra: Director Chopra issues statement on FDIC/OCC/FHA proposal on incentive-based compensation...
JD Supra· 1 day agoThe rulemaking is required by Section 956 of the Dodd-Frank Act, which directed the FDIC, OCC, FHA, as well as the Federal Reserve Board, National Credit ...
U.S. Supreme Court Directs Second Circuit to Perform a Barnett Bank Analysis | JD Supra
JD Supra· 2 days agoOn May 30, 2024, the U.S. Supreme Court held in a unanimous decision that the preemption standard codified in section 1044 (12 U.S.C. § 25b) of the < ...
Fifth Circuit Rules SEC Exceeded Its Authority in Adopting Private Fund Advisers Rule
The National Law Review· 2 days ago...Advisers Act of 1940 (the Advisers Act) and the Dodd-Frank Wall Street and Consumer Reform Protection Act of 2010 (the Dodd-Frank Act) points to an unsuccessful conclusion to the SEC’s latest efforts to regulate and standardize certain business practices and customs of the private fund industry,...
Small Business - The Brewton Standard | The Brewton Standard
The Brewton Standard· 3 days agoWashington, D.C., June 05, 2024 (GLOBE NEWSWIRE) -- Today, the U.S. Court of Appeals for the Fifth Circuit issued a decision in National Association of Private Fund Managers ...
Wiley Consumer Protection Download (June 4, 2024) | JD Supra
JD Supra· 4 days agoSupreme Court Upholds CFPB Funding Structure as Constitutional. On May 16, the U.S. Supreme Court held that Congress may allow the CFPB to draw money from the Federal Reserve ...