Daniel E. Meade

1 week ago | mondaq.com | Mercedes Tunstall |Daniel E. Meade

In response to a request from the Conference of State BankSupervisors ("CSBS"), Acting Comptroller of the Currency,Rodney E. Hood, decisively defended OCC regulations regarding theability of national banks and Federal thrifts to preempt certainstate laws. Taking a cue from Executive Orders from the Presidentregarding ensuring government efficiency and reducinganti-competitive barriers, CSBS decided to formally requestrescission of the preemption regulations.

2 weeks ago | jdsupra.com | Daniel E. Meade |Mercedes Tunstall

In response to a request from the Conference of State Bank Supervisors (“CSBS”), Acting Comptroller of the Currency, Rodney E. Hood, decisively defended OCC regulations regarding the ability of national banks and Federal thrifts to preempt certain state laws. Taking a cue from Executive Orders from the President regarding ensuring government efficiency and reducing anti-competitive barriers, CSBS decided to formally request rescission of the preemption regulations.

1 month ago | mondaq.com | Peter Y. Malyshev |Mercedes Tunstall |Daniel E. Meade

In the post-pandemic world, several trends are developing thatwill fundamentally change the way financial market participantsmanage commercial risk or trade traditional and rapidly evolvingnovel assets, while new classes of participants are necessitating afundamental rethink of how Federal and State regulators ensuresafety and soundness of U.S. financial markets. This articleidentifies these trends and explores how these changes are likelyto affect future regulations and compliance needs.

1 month ago | jdsupra.com | Peter Y. Malyshev |Daniel E. Meade |Mercedes Tunstall

In the post-pandemic world, several trends are developing that will fundamentally change the way financial market participants manage commercial risk or trade traditional and rapidly evolving novel assets, while new classes of participants are necessitating a fundamental rethink of how Federal and State regulators ensure safety and soundness of U.S. financial markets. This article identifies these trends and explores how these changes are likely to affect future regulations and compliance needs.

Mar 10, 2025 | jdsupra.com | Andrew Karp |Daniel E. Meade

We have written in prior Cabinet News & Views articles that, since the November elections, the U.S. federal banking regulators have been signaling significant changes in approach. This week, the FDIC kicked off the changes by sweeping away several significant actions taken under prior leadership. It withdrew, or revoked authority for staff to publish for comment, four important proposed rules, rescinded an important policy statement, and deferred certain compliance dates of a different rule.