December 26, 2006

Financial Services Alert - December 26, 2006

  • Basel IA Comment Period Established
  • NASD Issues Report on Examination of Member Gift Practices and Additional Guidance on NASD Gift Rule
  • Federal Banking Agencies Issue Policy Statement Regarding the Allowance for Loan and Lease Losses
  • FinCEN and Federal Banking Agencies Introduce New Form SAR-DI to Reduce Duplicate Filings
  • ICI Issues Memorandum Discussing Staff Guidance on Fund-of-Funds Rules
  • ICI Issues Report on Costs to Registered Investment Companies of NYSE Proposal to Eliminate Discretionary Broker Voting on Uncontested Elections of Directors
  • Clarification: OTS Issues Separate Guidance on Commercial Real Estate Concentrations and Sound Risk Management Practices