Alert July 23, 2002

Financial Services Alert

  • OCC Permits Bank Ownership of Interests in Certain Private Investment Funds
  • Treasury, FRB, OCC, FDIC, SEC, CFTC and NCUA Jointly Issue Proposed Customer Identity Verification Rules
  • SEC Adopts Amendments to Fund Mergers Rule
  • SEC, FRB and OCC Issue Administrative Actions Concerning PNC Financial Services Group, Inc. and its Principal Subsidiary Bank
  • SEC Proposes Amendments to Self Custody Rule for Registered Advisers
  • Treasury Defers Application of Section 312 of the USA Patriot Act for Mutual Funds and Certain Other Financial Institutions