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United States: Notwithstanding Little Guidance From The CFPB, Expect More UDAAP Enforcement Actions Now That The Presidential Election Is Over - Foley & Lardner

The Consumer Financial Protection Bureau ("Bureau") has yet to provide a set of concrete, meaningful rules setting forth what it considers unfair, deceptive, or abusive acts or practices ("UDAAP") are under the Dodd-Frank Wall Street Reform and Consumer Protection Act ("Dodd-Frank Act"), but that has not stopped the Bureau from flexing its broad and significant enforcement muscles.

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Found more than 1 month ago on channel Mondaq

United States: Financial Services Bulletin: Action At The CFTC (11.01.2012) - Perkins Coie LLP

On Tuesday, October 23, 2012, the Commodity Futures Trading Commission (the "CFTC") proposed new regulations and amendments to existing regulations pursuant to Sections 4d(a)(2) and Section 4d(f) of the Commodity Exchange Act (the "CEA"), as amended by Section 724(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the "Dodd-Frank Act").

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Banks Keep Quiet on IPOs

Wall Street banks have informally agreed to a 25-day "quiet period" after IPOs, fearful of possible legal actions arising from the JOBS Act.

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Found more than 1 month ago on channel Wall Street Journal

United States: CFTC Proposes Clearing Determination And Schedule - WilmerHale

The Commodity Futures Trading Commission (Commission or CFTC) took two actions on July 24, 2012 to further implement the mandatory swaps clearing requirement under the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act).

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United States: Financial Services Bulletin: Action At The CFTC, OCC, And SEC - Perkins Coie LLP

On Friday, June 15, 2012, the Commodity Futures Trading Commission (the "CFTC") proposed regulations pursuant to Title VII of the Dodd-Frank Act Wall Street Reform and Consumer Protection Act (the "Dodd-Frank Act").

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Found more than 1 month ago on channel Mondaq