On July 21, 2010, Congress passed the Dodd-Frank Wall Street Reform and Consumer Protection Act. Section 612 of this Act restricts the ability of banks ... Read More »

On June 21, 2010, the federal banking agencies adopted a final rule on incentive compensation that will add to the responsibilities of bank directors in ... Read More »

There is a sleeper provision in section 612 of the Wall Street Reform and Consumer Protection Act currently being worked on by a House-Senate Conference ... Read More »

AABD Memo AABD is opposed to rules that unnecessarily restrict the authority of a bank's board of directors and its compensation committee to decide how to ... Read More »

Financial Services Regulatory Relief Act is Enacted with Bank Directors' Financial Guarantee Provision On October 13, 2006, the Financial Services Regulatory Relief Act was signed into ... Read More »

A fundamental legal principle underlying the development of the modern American corporation has been the ability of the directors to reasonably delegate duties to subordinate ... Read More »

Agencies like idea, but some see chilling effect on start-ups by Luke Mullins American Banker Thursday, May 18, 2006 WASHINGTON: A provision in regulatory-relief legislation could hold directors responsible ... Read More »

It has been almost fifteen years since the S&L debacle passed into history. But one of the more frightening pieces of that history may be ... Read More »

Title 12, United States Code Conversion of state charter to national banking association charter; execution of organization certificate and articles of association and other documents necessary ... Read More »

For those directors of banks that are in formation or have been formed within the past five years, recent studies performed by the staffs of ... Read More »