The FDIC published a handbook that provides a "plain-language" overview of business considerations and statutory requirements for organizers of new depository institutions.
News & Insights
The SEC Division of Trading and Markets granted an exemption to several exchanges from certain provisions of the plan to implement a Tick Size Pilot Program. The provisions address, among other things, the collection and publication of Pilot Program data.
The Office of the Comptroller of the Currency named Scott Schainost as Deputy Comptroller for Midsize Bank Supervision and Troy Thornton as Deputy Comptroller for the Southern District.
The Managed Funds Association and the Alternative Investment Management Association urged the CFTC to abandon a re-proposed automated trading regulation ("Reg. AT").
The SEC Division of Corporation Finance granted an exemption from Exchange Act Rule 13e-4, which requires that an issuer making a tender offer permit shareholders to withdraw securities tendered at any time during the offer period.