Alert March 21, 2006

Financial Services Alert - March 21, 2006

  • U.S. District Court Denies Bundled Service Provider’s Motion for Summary Judgment of Claims Regarding Revenue Sharing Arrangements
  • FDIC Adopts Interim Final Rule Increasing Deposit Insurance Coverage for Certain Retirement Accounts
  • OCC Clarifies National Bank Authority to Invest in Minority- and Women-Owned Banks and Thrifts
  • NYSE Proposes New Business Entertainment Rule
  • IRS Issues Final Withholding Regulations for Qualified Interest Income and Short-Term Gain Distributions by RICs
  • FRB Amends Regulations K to Expand Reach of Bank Secrecy Act to Edge and Agreement Corporations
  • Federal Banking Agencies Issue Advisory Concerning Management of Risks Related to Pandemic Flu