Alert October 30, 2007

Financial Services Alert - October 30, 2007

  • FRB Approves Indian Bank’s Establishment of U.S. Branch Without a Comprehensive and Consolidated Supervision Finding
  • DOL Finalizes Regulation Relating to Default Investment Alternatives
  • Federal Appeals Court Holds That Connecticut Gift Card Expiration Prohibition Preempted, but Restrictions on Fees Are Not Preempted
  • Amendment to New York State Banking Law Provides for New Wild Card Authority
  • Director of SEC’s Division of Investment Management Discusses Regulatory Issues for Separately Managed Accounts
  • FRB To Discuss Basel II at November 2 Board Meeting