United States: Regulatory: Why Is "Abusive" The Most Feared Word In Dodd-Frank? - Foley & Lardner
A discussion on the regulatory guidance given for the meaning of the word 'abusive' under UDAAP The Dodd-Frank Wall Street Reform and Consumer Protection Act.
act
discussion
dodd-frank
foley
guidance
lardner
protection
states
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udaap
united
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Found 1 month ago on channel
Mondaq
United States: Reminder Of Upcoming Dodd-Frank Compliance Dates For End-Users - Vinson & Elkins LLP
The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 imposes a new regulatory framework upon swap dealers, major swap participants and other counterparties to swaps, including end-users.
act
compliance
dodd-frank
elkins llp
protection
states
street
united
vinson
wall
Found 1 month ago on channel
Mondaq
Too Big To Fail: 3 Lessons of the “London Whale” Debacle
Of the many scandals that have plagued Wall Street of late, the “London Whale” trades, which cost banking giant JPMorgan Chase more than $6 billion, has captured the attention of the financial media more than any other. The biggest reason for journalists’ obsession with this story is that it tarnished the reputation of JPMorgan CEO Jamie Dimon, who is widely thought to be one of the most competent bank CEOs in the business, and one of the few who ably steered his bank through the subprime-mortgage crisis. And as far as the media is concerned, the bigger they come, the more people like to watch ’em fall. But there is more to this story than the comeuppance of the biggest banker on the Street today. The London Whale debacle, and the subsequent Senate investigation, gives us a window into the culture and operations of the biggest bank in America as it adjusts to a postcrisis world in which Dodd-Frank is the law of the land. And the picture painted isn’t exactly comforting. The ...
america
attention
billion
business
ceo
ceos
chase
cio
comeuppance
competence
dimon
dodd-frank
insolvency
institutions
investigation
investment
jamie
journalists
jpmorgan
london whale
luckily
obsession
office
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reputation
senate
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What Have We Learned? 3 Lessons from the London Whale Trading Debacle
Of the many scandals that have plagued Wall Street of late, the “London Whale” trades, which cost banking giant JPMorgan Chase more than $6 billion, has captured the attention of the financial media more than any other. The biggest reason for journalists’ obsession with this story is that it tarnished the reputation of JPMorgan CEO Jamie Dimon, who is widely thought to be one of the most competent bank CEOs in the business, and one of the few who ably steered his bank through the subprime mortgage crisis. And as far as the media is concerned, the bigger they come, the more people like to watch ‘em fall. But there is more to this story than the comeuppance of the biggest banker on the Street today. The London Whale debacle, and the subsequent Senate investigation, gives us a window into the culture and operations of the biggest bank in America as it adjusts to a post-crisis world in which Dodd-Frank is the law of the land. And the picture painted isn’t exactly comforting. The ...
america
attention
billion
business
ceo
ceos
chase
cio
comeuppance
competence
dimon
dodd-frank
insolvency
institutions
investigation
investment
jamie
journalists
jpmorgan
london whale
luckily
obsession
office
operations
reputation
senate
situation
street
wall
On Executive Comp, the Swiss Aren’t Neutral — Will the U.S. Be Persuaded?
For more than a century, the Swiss have managed to stay out of conflicts and wars. But when it comes to excessive corporate compensations, they are hardly neutral. Last Sunday, 68% of Swiss voters accepted a groundbreaking proposal that will require shareholders to approve the pay of executives and board members of public companies. The result of the controversial nationwide referendum reverberated around the world because it set radical new rules for corporate governance that could spill over to other countries. Several nations already allow shareholders to have a say on executive compensation, and the EU agreed last week to cap bankers’ bonuses at twice their salaries. In the U.S., the Dodd-Frank Wall Street Reform and Consumer Protection Act, passed in 2010, requires all public corporations to seek a non-binding shareholder approval of executive compensations. But Switzerland’s new legislation will be by far the strictest, because the “say on pay” will be compulsory rather than ...
act
business
comp
compensation
competitiveness
corporation
democracy
dodd-frank
forum
garelli
glencore
governance
imd
lausanne
legislation
minder
nation
nestle
novartis
protection
roche
sentence
stephane
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swiss
switzerland
thomas
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