May 22, 2007

Financial Services Alert - May 22, 2007

  • FDIC Chairman Speaks on Industrial Loan Companies
  • SEC Elects Not to Seek Further Review of D.C. Circuit Decision Vacating Advisers Act Broker-Dealer Exception Rulemaking
  • OTS Adopts Interim Rule Prohibiting Persons Convicted of Criminal Offenses from Holding Certain Positions with SLHCs
  • FDIC Issues Final Assessment Adjustment Guidelines for Large Banks and Insured Foreign Branches
  • NASD and NYSE File New Business Entertainment Rules with SEC
  • SEC Open Meeting Agenda Includes Proposing Changes to Regulation D Private Placement Exemption and Adopting Credit Rating Agency Regulatory Scheme