Alert December 10, 2002

Financial Services Alert

  • OCC Issues Advisory on Enforcement of State Laws Against National Banks
  • Federal Banking Agencies Issue Advisory on Accounting for Accrued Interest Receivable Related to Credit Card Securitizations
  • SEC Proposes Amendments to Auditor Independence Rules Pursuant to Sarbanes-Oxley Act
  • U.S. District Court Confirms that Rescission of Contract and Restitution of Fees are the Only Private Remedies under the Advisors Act
  • OTS Delays Effective Date for Parity Act Revisions