Alert April 22, 2003

Financial Services Alert

  • SEC Issues Order Implementing Expanded Categories of Permissible Collateral That A Broker-Dealer May Pledge to Customers Under Rule 15c3-3, Paragraph(b)(3)
  • OCC Issues Letter Clarifying that National Bank May Hedge Market Risk Arising from Holdings of DPC Shares
  • FinCEN Seeks Public Comment Concerning Anti-Money Laundering Regulations Applicable to Those Involved in Real Estate Closings
  • Recent FRB Speeches Provide Further Guidance on Basel II