Alert May 11, 2004

Financial Services Alert

  • FRB Proposes Continued Inclusion of Trust Preferred Securities in Tier 1 and Tier 2 Capital
  • SEC Issues No-Action Relief Permitting Three-Tier Master-Feeder Fund Structure with Offshore Conduit
  • IRS Issues Guidance Regarding Qualification of Repurchase Agreements as Government Securities under RIC Asset Diversification Tests
  • DOL Issues Final Class Exemption for Investment in Employer Securities by Plans Sponsored by Trust REITs
  • FDIC Issues Comprehensive Guide on FDIC Insurance