Senate Banking Committee Approves Dodd Reform Legislation

By Sarah Borchersen-Keto, CCH Washington News Bureau, Contributing Author, the CCH Federal Banking Law Reporter, March 22, 2010. The Senate Banking Committee voted 13 to 10 in favor of financial reform legislation introduced by Chairman Sen. Chris Dodd, D-Conn., last week. All Republicans on the committee voted against the bill. Ranking committee member Sen. Richard […]

New TRI Handbook Covers The World Of Radio Spectrum Licensing

(Riverwoods, ILL., March 20, 2000) – Now, Telecommunications Reports International (TRI), provides insight and understanding into the wide range of radio spectrum licensing issues spanning the globe in the new International Spectrum Auction Handbook, Policies for Licensing Radio Spectrum Around the World. ($395, 271 pages.  To order, call 1-800-822-6338 or visit the TRI web site […]

Aguilar Discusses Potential Money Market Fund Reform Measures

Commissioner Luis Aguilar spoke about the possible creation of a systemic risk regulator, self-funding at the SEC and money market funds at the Investment Company Institute’s and Federal Bar Association’s recent conference in Phoenix. He also reviewed rulemaking initiatives the SEC may take up in the future. Aguilar’s remarks are posted on the SEC’s Web […]

En Banc 1st Circuit Rejects SEC Definition of “Making” a Statement

Sitting en banc, a divided First Circuit rejected the SEC’s assertion that a person “made” a statement as used in Rule 10b-5(b) by using or disseminating a statement without regard to its authorship, in the alternative, that securities professionals who directed the offering and sale of shares on behalf of an underwriter impliedly “made” a […]

Bair Wary of Backdoor Bailouts under Dodd Reform Proposal

By Sarah Borchersen-Keto, CCH Washington News Bureau, Contributing Author, the CCH Federal Banking Law Reporter, March 19, 2010. Federal Deposit Insurance Corp. Chairman Sheila Bair expressed “serious concerns” with certain sections of financial reform legislation proposed by Senate Banking Committee Chairman Chris Dodd, D-Conn., “which seem to allow the potential for backdoor bailouts through the […]

FTC Seeks to Regulate Mortgage Assistance Relief Services

Reprinted from the CCH Federal Banking Law Reporter, March 18, 2010. The Federal Trade Commission moved to protect distressed homeowners from the promoters of bogus foreclosure rescue and mortgage modification services by proposing a new rule that would forbid companies to charge up-front for these services. Instead, companies could only collect payment after providing services. […]

Requirement for Integrated and Operational System Was Rational

The Court of Appeals for the Federal Circuit affirmed the denial of a pre-award bid protest because the Court of Federal Claims correctly concluded there was a rational basis for a solicitation requirement for an integrated management system that was currently fully operational within the government. The request for proposals for a financial, acquisition, and […]

Bernanke Argues for Broad Fed Bank Supervisory Role

By Sarah Borchersen-Keto, CCH Washington News Bureau, Contributing Author, the CCH Federal Banking Law Reporter, March 17, 2010. Federal Reserve Board Chairman Ben Bernanke told Congress that the central bank’s role in supervising financial institutions of all sizes “significantly increases” its effectiveness in making monetary policy and fostering financial stability. Appearing March 17, 2010, before […]

Dodd Unveils Financial Regulation Reform Proposal

By Sarah Borchersen-Keto, CCH Washington News Bureau, Contributing Author, the CCH Federal Banking Law Reporter, March 15, 2010. Senate Banking Committee Chairman Chris Dodd, D-Conn., unveiled his version of comprehensive financial reform legislation March 15, 2010, after announcing last week that despite making progress with his Republican colleagues, it was time to move ahead independently. […]

IP and Computer Law – March 2010

From the editors of Wolters Kluwer Law & Business, this update describes important developments from CCH and Aspen Publishers intellectual property and computer law publications. If you have any comments or suggestions concerning the information provided or the format used, we’d like to hear from you. Please send your comments to john.arden@wolterskluwer.com. COPYRIGHTS Unfinished Works […]