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2 weeks 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.
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3 weeks 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.
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2 months ago | 
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 It withdrew, or revoked authority for staff to publish for comment, four important proposed rules, rescinded an important policy statement, and deferred certain compliance dates of a different rule.
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Feb 12, 2025 | 
mondaq.com | Daniel E. Meade |Mercedes Tunstall
On February 5, the Federal Deposit Insurance Corporation("FDIC") released 175 documents related to supervision of banksit oversees that either engaged in or sought to engage incrypto-related activities. Acting Chairman Travis Hill also issueda statement related to the release of thedocuments.
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Feb 12, 2025 | 
jdsupra.com | Daniel E. Meade |Mercedes Tunstall
On February 5, the Federal Deposit Insurance Corporation (“FDIC”) released 175 documents related to supervision of banks it oversees that either engaged in or sought to engage in crypto-related activities. Acting Chairman Travis Hill also issued a statement related to the release of the documents.
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Nov 22, 2024 | 
fsugatepost.com | Daniel E. Meade
By Daniel MeadeStaff WriterThe Framingham State Rams fell to the Roger Williams University Hawks 70-54 Nov. 20. With the loss, Framingham’s overall record falls to 4-2 on the season. Framingham entered the game on a three-game winning streak. However, this game presented the Rams with a tough task - slowing down Hawks’ star guard Mac Annus, who averaged 24.5 points per game coming in, and a team that averages 96 points per game and went to the NCAA Tournament last year.
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Nov 8, 2024 | 
fsugatepost.com | Daniel E. Meade
By Daniel Meade Staff WriterThe Framingham State Rams were defeated by the Plymouth State University Panthers 41-20 at Bowditch Field Nov. 2. With the loss, Framingham’s overall record falls to 2-6 with a conference record of 2-5. Framingham fell behind 20-0 early as Plymouth scored on their first three possessions, all rushing touchdowns from star running back Willie Lombard from 48, 10, and 22 yards. Similar to previous opponents, Plymouth went for a run-heavy approach against Framingham.
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May 14, 2024 | 
findknowdo.com | Steven Lofchie |Daniel E. Meade |Sebastian Souchet
There is no little irony to the CRS quoting President Biden's statement that the United States should remain a leader in the international finance system, when one considers that the SEC and other agencies have put up roadblocks on the development of a regulatory framework for digital assets for the entirety of the President's administration.
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Feb 26, 2024 | 
lexology.com | Jarryd E. Anderson |Scott A. Barshay |Jessica Carey |Brad S. Karp |Robert Kindler |Anastasia V. Peterson | +3 more
I. Executive SummaryOn January 29, 2024, the Office of the Comptroller of the Currency (“OCC”) issued a notice of proposed rulemaking (the “NPR”)[1] to update its current rules for business combinations involving national banks and federal savings associations, including a policy statement that describes the standards for the OCC’s review of business combinations under the Bank Merger Act (“BMA”) (the “Policy Statement”).
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Jan 29, 2024 | 
lexology.com | Jarryd E. Anderson |H. Christopher Boehning |Susanna M. Buergel |Jessica Carey |Michael E. Gertzman |Roberto González | +3 more
Introduction On January 22, 2024, the New York State Department of Financial Services (“NYDFS”) issued final Guidance (the “Guidance”) for most institutions holding a license from the NYDFS[1] (“Covered Institutions”) setting out NYDFS’s expectation that Covered Institutions engage in rigorous character and fitness assessments of directors, senior officers and managers, both at onboarding and on an ongoing basis.[2] The Guidance reflects an ongoing effort by policymakers and regulators to...
