Alert April 09, 2002

Financial Services Alert

  • Federal Banking Agencies Finalize Rule Reducing Risk Weight for Claims on Securities Firms
  • FRB Revises Official Staff Commentary on Regulation Z
  • SEC Staff Agrees that Acting as Counsel to a Fund's Independent Directors Does Not Result in Interested Person Status
  • OCC Warns About Unfair or Deceptive Acts or Practices
  • FRB Requires State Member Banks to Receive Prior Approval Before Significantly Changing Business Plans
  • FRB, OCC and FDIC Issue Guidance on Management of Country Risk