Alert August 22, 2006

Financial Services Alert - August 22, 2006

  • President Signs Pension Reform Bill
  • FDIC Seeks Public Comment on Industrial Loan Companies
  • IRS Increases Fixed Ratio for Foreign Banks Calculating their Effectively Connected Interest Expense
  • OCC Issues Guidance on Gift Card Disclosure and Marketing
  • SEC Provides Interpretive Guidance for Hedge Fund Advisers in Light of Goldstein Decision; Additional Regulation Possible
  • OCC Reminds National Banks of Effectiveness of Revised Assessment Rule
  • NSCC Rolls Out Rule 22c-2 Information Sharing Facility Ahead of Schedule
  • Federal Banking Agencies Clarify Internet Authentication Guidance
  • Maryland Court Holds that Drawer of Check Can Assert Direct Claims against Depositary Bank