House Happenings: Update on Financial Services Legislation
The U.S. House of Representatives recently passed seven bills related to banking and financial services. The one that is likely […]
The FDIC’s Proposed Rule Banning Non-Bank Entities & Private Individuals from Misleading Representations About Deposit Insurance
Last month, the Federal Deposit Insurance Corporation (FDIC) issued a notice of proposed rulemaking and request for information entitled “False […]
Charter or Partnership? The Possible Future of Neobanks
Digital-only, unchartered banking alternatives are winning younger consumers and posing both a threat to—and an opportunity for—traditional banking institutions Key […]
Why Going Private Can Be an Attractive Option for Struggling Companies
As the economy regains strength, some public companies are using privatization to add value and stay solvent Key takeaways: Going […]
The Rise of Fintech Highlights the Need for an Innovative Regulatory Framework
While sensible regulatory oversight of fintech is necessary, over-regulation can have a chilling effect on innovation and pose significant barriers […]
The Fast Rise and Possible Fall of the Special Purpose Acquisition Company (SPAC)
Alarm about the surge in recent SPAC-funded deals has prompted increased scrutiny and new accounting guidance by the SEC Key […]
The Case for Outsourcing Internal Corporate Investigations to Outside Counsel
Credibility, independence, and expertise are among the reasons for retaining independent legal counsel to conduct internal investigations Key takeaways: The […]
Current Texas Cybersecurity and Data Privacy Laws
The Texas Legislature passed new cybersecurity laws in 2017 and 2019, while the 2021 legislative session appears unlikely to produce […]
What the Financial Services Industry Might Expect from the Biden Administration
The new administration’s policy agenda and agency appointments could have a considerable impact on the financial services industry Key Takeaways: […]
Federal Appeals Court Considers OCC’s FinTech Charter Authority
What is the “business of banking?” The Federal Court of Appeals for the Second Circuit is pondering that question as […]