Alert March 12, 2002

Financial Services Alert

  • SEC Division of Investment Management Provides Guidance on Independent Legal Counsel Requirements Under New Fund Governance Rules
  • Treasury Issues Interim and Proposed Rules for Information Sharing Under USA PATRIOT Act
  • Comptroller Comments on Treatment of Operational Risk by Basel Committee
  • OCC Concludes That Operating Subsidiary Can Offer Correspondent Services to Unaffiliated Commercial Real Estate Lenders
  • FRB Governor Olson Discusses the GLBA: Two Years After Enactment