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Office of the Comptroller of the Currency Issues Proposed Rules for Annual Stress Tests, as Required under Dodd-Frank

By: Edmund D. HarlleeWilliams Mullen (North Carolina and Virginia, USA)On Tuesday, January 24, 2012, the Office of the Comptroller of the Currency (the “OCC”) issued proposed rules to implement the requirements of th ...

Federal Deposit Insurance Corporation Issues Proposed Rules for Annual Stress Tests, as Required under Dodd-Frank

By: Edmund D. HarlleeWilliams Mullen (North Carolina and Virginia, USA)On Monday, January 23, 2012, the Federal Deposit Insurance Corporation (the “FDIC”) issued proposed rules to implement the requirements of the Do ...

Federal Reserve Board Issues Proposed New Regulation YY to Regulate Certain “Covered Companies,” as Required by Dodd-Frank

By: Edmund D. HarlleeWilliams Mullen (North Carolina and Virginia, USA)On Thursday, January 5, the Federal Reserve Board (the “Board”) issued proposed new Regulation YY, in order to implement changes required by the ...

Dodd-Frank: President Obama Installs Richard Cordray as Director of the CFPB

By: Edmund D. HarlleeWilliams Mullen (North Carolina and Virginia, USA)On January 4, 2012, President Obama installed Richard Cordray as Director of the new Consumer Financial Protection Bureau (“CFPB”). ...

Bureau of Consumer Financial Protection Issues Interim Final Rules Transferring Certain Regulations from Other Federal Regulators, as Required by Dodd-Frank

By: Edmund D. HarlleeWilliams Mullen (North Carolina and Virginia, USA)On Monday, December 19, 2011, the new Bureau of Consumer Financial Protection (the “Bureau”) issued interim final rules and a request for public ...

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