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JD Supra: (Some) Banking Agencies Repropose Dodd-Frank 956 Incentive Compensation Rules
JD Supra· 5 days agoSection 956 of the Dodd-Frank Wall Street Reform and Consumer Protection Act requires that six agencies — the Federal Reserve System (FRS), Office of the Comptroller of the Currency...
The Sky’s the Limit for C.E.O. Pay
New York Times· 7 days agoWith new executive pay disclosures, the big picture is still riches at the top and lagging wages for most of the rank-and-file, our columnist says. The...
FUNDamentals: Fifth Circuit Vacates New SEC Private Fund Adviser Rules | JD Supra
JD Supra· 7 days agoIn a 3-0 decision, the Court held that the SEC exceeded its statutory authority by using a provision of the Dodd-Frank Act Wall Street Reform and Consumer ...
The U.S. wants to crack down on payday loans. Here’s what you need to know.
Washington Post via Yahoo Finance· 13 hours agoAn earlier version of this article misspelled the last name of former GOP congressman Mick Mulvaney....
SEC Private Fund Rule Struck Down by US Appeals Court | JD Supra
JD Supra· 3 days agoA U.S. appeals court struck down a newly adopted Securities and Exchange Commission (“SEC”) rule...
Private Funds Rules Vacated | JD Supra
JD Supra· 7 days agoOn June 5, 2024, the United States Court of Appeals for the Fifth Circuit (the “Court”) vacated the entire set of new Investment Advisers Act of 1940 (the “Advisers Act”) rules applicable to ...
A Symptom of a Broader Issue: Politics vs. Constitutional Law in 'CFPB v. CFSA' | Daily Business...
Law.com· 7 days agoOn May 16, the U.S. Supreme Court released its opinion in CFPB v. Community Financial Services...
Mortgage closing fees are in the hot seat. Here's why feds are looking into them.
CBS News via Yahoo Finance· 6 days agoThe MBA said lenders worked with the CFPB a decade ago on making sure mortgage fees were laid out...
Will Supreme Court Ground Tremors Cause National Bank Preemption Tsunami? | JD Supra
JD Supra· 23 hours agoOn May 30th, an unanimous Supreme Court ruled that the Second Circuit needed to take another shot at evaluating whether Bank of America, a national bank, can pre-empt a New York state law requiring ...
The CFPB’s next funding fight
Politico· 3 days agoBut Republicans aren’t giving up the fight against an agency they have been trying to eviscerate since its inception – including by throwing up yet another challenge to the validity of the agency ...