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Financial Services Weekly News: FDIC Issues Guidance on Applications for Deposit Insurance

In This Issue. The Federal Deposit Insurance Corporation (FDIC) released supplemental question and answer materials clarifying certain aspects of the application process for deposit insurance; the Consumer Financial...more

Financial Services Weekly News: Preparing for ‘Hard Brexit’

Editor's Note - In This Issue. The U.S. Securities and Exchange Commission’s (SEC) Division of Investment Management staff announced plans to seek industry input on custodial practices relating to trading that is not...more

Financial Services Weekly News: Busy Week for the Fed, and a New Overtime Rule

Editor's Note - Busy Week for the Fed. The Board of Governors of the Federal Reserve System (Federal Reserve) was busy this past week, announcing that it would limit use of the “qualitative objection” in its Comprehensive...more

Financial Services Weekly News: Relief for Mutual Fund Directors

Editor's Note - In This Issue. The Securities and Exchange Commission’s (SEC) Division of Investment Management released a No-Action Letter that relieves mutual fund directors from in-person voting requirements under...more

Financial Services Weekly News - January 2019

Editor's Note - When will the government shutdown end? The government shutdown has forced many federal agencies, including those mentioned in the articles below, to operate in accordance with the agency's emergency plan for...more

Financial Services Weekly News - December 2018 #2

Editor's Note - Everything You Wanted to Know About De Novo Bank Formations But Were Afraid to Ask. For several years under two different chairs, the Federal Deposit Insurance Corporation (FDIC) has been publicly stating...more

Financial Services Weekly News - November 2018 #3

In This Issue. Federal banking regulators proposed the long-awaited “community bank leverage ratio,” which would exempt community banks with a leverage ratio of at least 9% from Basel III capital requirements; the Federal...more

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