Alert March 02, 2004

Financial Services Alert

  • OCC Issues Letter Concluding Bank May Use Rating on Long-Term CDs to Meet Financial Subsidiary Debt Rating Requirement
  • Rhode Island Supreme Court Rules National Bank Not Subject to Deceptive Trade Practices Act
  • SEC Proposes 1940 Act Rule 12b-1 Amendment Prohibiting Use of Brokerage Commissions to Finance Fund Distribution
  • FRB Issues Letters Regarding Anti-Tying and Loans to Affiliates Issues
  • OTS Publishes Update of Networking Arrangements Handbook
  • SEC Issues Adopting Release for New Fund Shareholder Report and Quarterly Portfolio Disclosure Requirements