Alert March 01, 2005

Financial Services Alert

  • FDIC, OCC and FRB Issue Revised Proposed Changes to Community Reinvestment Act Rules; OTS Issues Final Rule Granting Large Thrifts Flexibility to Choose Weights Assigned to CRA Lending, Investment and Service Tests
  • Court Grants Directed Trustee's Motion for Summary Judgment in Worldcom Litigation
  • SEC Administrative Law Judge Rules Against SEC in Case Involving Sale of Class B Mutual Fund Shares
  • FRB Issues Final Rule on Inclusion of Trust Preferred Securities in Tier 1 Capital