| Date |
White Paper |
| January 18, 2011 |
|
| July 9, 2010 |
- Dodd-Frank Financial Reform Awaits Senate Vote
On June 30, 2010, the U.S. House of Representatives passed legislation to restructure the financial services regulatory system, with the Senate poised to vote on the measure the week of July 12.
|
| May 27, 2010 |
- Senate Passes Sweeping Financial Reform Bill
On May 20, 2010, the U.S. Senate passed legislation to restructure the financial services regulatory system by a vote of 59 to 39. As discussed in this briefing paper, the Restoring American Financial Stability Act of 2010 (S 3217, the Senate version of H.R. 4173) would institute far-reaching reforms, including the creation of an independent Consumer Financial Protection Bureau housed within the Federal Reserve Board and new federal government power to wind down large, failing financial institutions.
|
| March 17, 2010 |
|
| December 16, 2009 |
- House Passes Wall Street Reform Act
On December 11, 2009, the U.S. House of Representatives passed legislation to restructure the financial services regulatory system, the Wall Street Reform and Consumer Protection Act of 2009 (HR 4173), by a vote of 223-202.
|
| November 11, 2009 |
- Senate Banking Committee Releases Draft Legislation: Restoring American Financial Stability Act of 2009
The Senate Banking Committee has released draft legislation that, if enacted, would provide a sweeping overhaul of the regulation of U.S. financial services and markets. The Restoring American Financial Stability Act of 2009 would regulate systemic risk, enhance transparency and disclosure, delink executive compensation from excessive risk, expand consumer and investor protection, and prevent regulatory arbitrage.
|
| October 1, 2009 |
- Regulatory Reform: An Overview of the Administration's Draft Legislation
Spurred by the devastating effects of the current financial crisis, the Obama administration on June 17, 2009, announced its plan for reform of the U.S. financial and securities markets. The proposal was described by President Obama as a "sweeping overhaul of the financial regulatory system, a transformation on a scale not seen since the reforms that followed the Great Depression."
|
| June 23, 2009 |
- DHS's Refocused Worksite Enforcement Strategy Targets Employers
Confirming that employment is one of the "root causes" of illegal immigration, the Department of Homeland Security (DHS) has announced a refocused worksite enforcement strategy prioritizing criminal and civil actions against employers that knowingly hire undocumented workers over actions against the illegal workers themselves.
|
| June 19, 2009 |
|
| May 20, 2009 |
- Congress Passes First Financial Regulation Reforms of 2009: Expands Scope and Funding of Fraud Enforcement
On May 18th, Congress passed and cleared for the President’s signature its first piece of legislation reforming the oversight of the financial industry following the recent economic upheavals. The Fraud Enforcement and Recovery Act (FERA), S. 386, strengthens enforcement of securities and commodities fraud, financial institution fraud involving asset-backed securities, and fraud related to federal assistance and relief programs.
|
| April 21, 2009 |
- Meeting WARN Act Obligations Amid Mass Layoffs and Closures
Many companies have been forced to downsize or close operations altogether amid the deepening U.S. economic downturn. Employers considering such action should keep in mind that the Worker Adjustment and Retraining Notification Act (WARN Act) places notice requirements on certain employers prior to implementing a plant closing or mass layoff.
|
| April 15, 2009 |
|
| March 23, 2009 |
|
| February 24, 2009 |
- Stimulus Act Imposes Corporate Governance and Compensation Mandates
The American Recovery and Reinvestment Act of 2009 (H.R. 1), signed into law February 17, 2009, imposes stringent governance and executive compensation mandates on companies participating in the troubled assets relief program (TARP). Added by
Senate Banking Committee Chair Christopher Dodd, the provisions fall under Title VII of the Act.
|
| February 13, 2009 |
- Stimulus Act Imposes Corporate
Governance and Compensation Mandates
The American Recovery and Reinvestment Act of 2009 (H.R. 1), as reported out of the conference committee, imposes various governance and executive compensation mandates on companies participating in the troubled assets relief program (TARP). Added by Senate Banking Committee Chair Christopher Dodd, the provisions fall under Title VII of the Act.
|
| February 5, 2009 |
- Lilly Ledbetter Fair Pay Act of 2009: What's Next for Employers?
Amidst what could be the worst financial crisis since the Great Depression, President Barack Obama signed into law a bill to provide fair pay in the workplace, the Lilly Ledbetter Fair Pay Act (P.L. 111-2). The law extends the time period in which employees can pursue disparate pay claims under four antidiscrimination laws: Title VII, the Age Discrimination in Employment Act (ADEA), the Americans with Disabilities Act (ADA) and the Rehabilitation Act (Rehab Act).
|
| December 17, 2008 |
|
| December 11, 2008 |
- President-Elect Obama's Tax Proposals: An Update
On January 20, 2009, Barack Obama will take the oath of office as the 44th president of the United States. Federal tax policy is guaranteed to be at the forefront of President Obama's agenda. Democrats in Congress are preparing an economic stimulus package, which they hope to have ready for the new president's signature on January 20.
|
| November 19, 2008 |
- Financial Regulation Reform: What to Expect in the 111th Congress
As the nation approaches the most fundamental reform of the financial and securities
markets since President Franklin Roosevelt's New Deal, the central figure in the effort will certainly be President Barack Obama. It is thus instructive to examine the six key principles that must guide next year's reform legislation, as described in a briefing paper
setting out Mr. Obama's beliefs in this area.
|
| November 13, 2008 |
|
| October 9, 2008 |
- The Economic Bailout: An Analysis of the Economic Emergency Stabilization Act
With a vote of 263 to 171, the House of Representatives, on Oct. 3, 2008, approved legislation aimed to address the credit and liquidity crisis affecting the nation’s financial system. The Senate approved the legislation, the "Emergency Economic Stabilization Act of 2008" or "EESA," on Wednesday, Oct. 1, 2008, by a vote of 75 to 24.
|
| October 1, 2008 |
|
| October 1, 2008 |
|
| October 1, 2008 |
- Money Laundering and Mortgage Fraud: The Growth of a Merging Industry
Money launderers constantly are seeking new methods to perpetuate their schemes, providing endless challenges to struggling financial institutions. Money laundering has become so permeated throughout the financial sector that getting to the source has become increasingly difficult.
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