Roadmaps and Summaries on the key provisions and regulatory rulemakings impacting banks can be found below for each relevant title:
News and Legal Alerts
Article: High Court Provides Closure on Durbin Rules – What Now?
January 29, 2015 Reprinted with permission Law360
Legal Alert: CFPB Warns Credit Card Companies About Potential UDAAP Violations When Marketing Promotional Interest Rates
September 8, 2014
Legal Alert: Final Volcker Rule: Update and Key Takeaways
January 13, 2014
Legal Alert: CFPB Releases Preliminary Report on Arbitration Agreements But Defers Final Analysis and Recommendations
December 13, 2013
Legal Alert: Federal Agencies Issue Final Volcker Rule
December 13, 2013
PCAOB and SEC Alter Audit Landscape for Broker-Dealers
Fall 2013 Reprinted with permission American Bar Association Newsletter
Press Release: Sutherland Continues Expansion of Insurance and Financial Services Practice in New York
August 20, 2013
Regulation II implements the Durbin Amendment, which limits fees paid by merchants for debit interchange and provides that merchants may route transactions through two or more debit networks. The Final Rules for Regulation II went into effect on October 1, 2011.
Frequently Asked Questions - Regulation II: The Federal Reserve has addressed certain questions regarding prepaid cards and the provisions prohibiting circumvention and evasion of the interchange fee caps.
Small issuers with assets of less than $10 billion are exempt from the debit interchange fee caps set for in Reg. II.
August 29, 2011
Press Release from the Federal Reserve Regarding the Final Rules,
June 29, 2011
Dodd-Frank Brings Expansion Opportunities - and Obstacles
April 29-May 5, 2011
Dodd-Frank Title VII Update: Where Are We and Where Are We Going?
10 Important Issues Facing Derivatives Users
February 23, 2011
Legal Alert: Lawsuit Challenges Constitutionality of Debit Card Interchange Provisions of Dodd-Frank Act
October 13, 2010
Legal Alert: Defining "Financial Institution" Under Title VIII of the Dodd-Frank Wall Street Reform and Consumer Protection Act
October 6, 2010
Legal Alert: New Whistleblower Protections for Financial Service Employees
October 1, 2010
Legal Alert: Dodd-Frank Act Creates Significant Changes in Bankruptcy Law Affecting Derivatives and Other Trading Counterparties
September 22, 2010
Legal Alert: Interchange Fee Regulation Included in Wall Street Reform Bill Passed by Senate
May 21, 2010
Legal Alert: Senate Wall Street Reform Bill Includes Proposed Regulation of Credit and Debit Card Interchange Fees
May 12, 2010
Legal Alert: Federal Reserve Publishes Rules Implementing Provisions of the CARD Act Relating to Gift Cards, Gift Certificates and Prepaid Cards
May 7, 2010
Legal Alert: Obama Administration Proposes Financial Crisis Responsibility Fee
January 15, 2010
Legal Alert: Banking: Financial Regulatory Reform - A New Foundation: Rebuilding Financial Supervision and Regulation
June 23, 2009
FDIC and Financial Regulatory Reform
November 19, 2009:
Regulatory Reform, markup, The Senate Banking Committee, on the Dodd bill entitled, "The Restoring American Financial Stability Act of 2009."