Alert April 17, 2007

Financial Services Alert - April 17, 2007

  • U.S. Supreme Courts Holds that Preemption of State Laws Extends to National Bank Operating Subsidiaries
  • SEC Commissioner Nazareth Discusses Next Steps in Mutual Fund Regulation
  • OCC Issues Letter Concluding that National Banks May Make Non-Controlling Investments in LLC Engaging in Fraud Prevention, Identity Verification and Related Activities
  • FDIC Issues Supervisory Policy on Identity Theft
  • Director of SEC’s Division of Investment Management Discusses Regulatory Initiatives
  • OTS Proposes Revised SLHC Rating System
  • SEC Staff Announces Availability of Anti-Money Laundering Compliance Tool for Broker‑Dealers