Alert October 16, 2007

Financial Services Alert - October 16, 2007

  • OCC Rules Fixed Rate Cumulative Convertible Preferred Securities Are Investment Securities Permissible for Bank Ownership
  • Federal District Court Dismisses Mutual Fund Shareholder Suit Regarding Affiliated Transfer Agent Arrangements with Leave to Amend Section 36(b) Claim
  • SEC and Banking Agencies Speak at Senate Committee Hearing Regarding ILCs
  • OCC Issues Interpretive Letter Concluding that Directors Qualifying Shares Requirement may be Satisfied Through Holdings of BHC Deferred Share Units
  • Department of Treasury Seeks Public Comment on Various Aspects of Financial Regulatory Structure