CFPB Offers Details on Large Bank Supervision Program

By Sarah Borchersen-Keto, CCH Washington News Bureau, Contributing Author, the CCH Federal Banking Law Reporter, July 13, 2011. The Consumer Financial Protection Bureau will begin ensuring that large depository institutions are complying with federal consumer financial protection laws when it launches operations on July 21. Banks with total assets over $10 billion, which account for […]

Wolters Kluwer Law & Business Releases IRS Form 8955-SSA

Now Available at (RIVERWOODS, ILL., June 22, 2011) – Wolters Kluwer Law & Business is pleased to announce that it has released IRS Form 8955-SSA on the website for customer use. The Form 8955-SSA will be included in the Form 5500 Software package at no additional charge. The software suite is offered […]

Wolters Kluwer Law & Business Special Briefing Outlines New Supreme Court Ruling on Investment Adviser Liability

(RIVERWOODS, ILL., June 14, 2011) – Wolters Kluwer Law & Business has issued a special, in-depth Briefing – providing guidance and insight to the Supreme Court’s new decision regarding the liability of investment advisers, the Court’s strong reaffirmance of the Central Bank ruling on Rule 10b-5 and aiding and abetting liability. To read the Briefing, “Supreme […]


NEW VIDEO SERIES! THE VALUE EQUATION: Establishing and Maximizing Corporate Legal Resources In this 7-Part video series, Tom Sager and Steve Lauer, authors of the article published in Of Counsel: The Legal Practice and Management Report, discuss the factors that affect the value of the legal service that corporate law departments receive. Also Available for Viewing […]

U.S. Sup. Ct. upholds Arizona immigration law

The Legal Arizona Workers Act, which provides for the revocation or suspension of the business license of employers in the state that knowingly or intentionally employ unauthorized aliens, was not expressly or impliedly preempted by federal immigration law, the U.S. Supreme Court has ruled. (Chamber of Commerce v Whiting, May 26, 2011, Roberts, J). Additionally, […]

High Court’s ruling on mandatory E-Verify use may spawn more problems as states follow Arizona’s lead

The Supreme Court’s recent ruling that the Legal Arizona Workers Act (LAWA) is not preempted by federal law may give rise to significant challenges should states follow suit by requiring employers to use the federal E-Verify system to confirm workers’ employment eligibility. Increased identity theft, and in some industries, increased costs to consumers, are two […]

EEOC letter is a lesson on inquiries into illegal drug and alcohol use, criminal histories and financial records

In an informal discussion letter, the U.S. Equal Employment Opportunity Commission (EEOC) recently gave the Office of Personnel Management (OPM) a lesson on lawful inquiries into applicant and employee illegal drug and alcohol use, criminal histories and financial records – the lesson also provides valuable guidance for private employers. The recently released letter addresses questions […]

National Market for Air Travel Inappropriate for Analyzing Merger

by Jeffrey May, CCH Trade Regulation Reports A private suit for a preliminary injunction blocking the merger of United Airlines and Continental Airlines was properly dismissed, the U.S. Court of Appeals in San Francisco has ruled in a not-for-publication decision. The plaintiffs –airline travelers and travel agents –failed to define a valid relevant market for […]

Hanson Talks About PCAOB Actions That May Affect Compliance Officers

PCAOB member Jay Hanson talked about advances in technology and the aftermath of the financial crisis in remarks at a May 23, 2011 Compliance Week conference. He said that changes in technology and business models have made it very difficult to understand today’s transactions and products. Valuing those products is hard for both issuers and […]

EEOC meeting will address use of leave as a reasonable accommodation

The U.S. Equal Employment Opportunity Commission (EEOC) is holding a public meeting to examine the use of leave as a reasonable accommodation. The meeting will be open for public observation of the commission’s deliberations. On June 8, beginning at 9:30 a.m. (Eastern Time), the commission will hear from invited panelists on the appropriate use of […]