2012 Archives - MB Schoen & Associates

January 2012

REGULATORY DEVELOPMENTS
- Regulators Propose Stress Testing Rules
- FDIC Approves Final Rule Requiring Resolution Plans
- Volcker Rule Questioned Further at Congressional Hearing
- Regulators Issue an FAQ on Interest Rate Risk Management
JUDICIAL DEVELOPMENTS
- Hunnicutt v. Zeneca, Inc. (Update)
OTHER DEVELOPMENTS
- 2013 Budget Proposal Expected on February 13
- COLI in the News
- Prudential Agreement Regarding Benefit Pay Practices

LEGISLATIVE DEVELOPMENTS
- Obama Administration FY2013 Budget Proposal and Business Tax Reform Framework
- New York COLI Franchise Tax Bills
REGULATORY DEVELOPMENTS
- Proposed Changes to Market Risk Capital Rules
OTHER DEVELOPMENTS
- Private Action DMF Suits Against Prudential and MetLife
AD HOC LRA – FEBRUARY 13, 2012
- FY2013 Federal Budget Proposal
AD HOC LRA – FEBRUARY 24, 2012
- President’s Framework for Business Tax Reform

REGULATORY DEVELOPMENTS
- Stress testing Comment Period Extended
- FRB’s Comprehensive Capital and Analysis Review (CCAR) Results
- Senate Hearing on International Harmonization of Wall Street Reform
LEGISLATIVE DEVELOPMENTS
- House Republicans FY2013 Budget Proposal
TAX DEVELOPMENTS
- Congressional Report on Income Tax Reform and Tax Base Broadening
JUDICIAL DEVELOPMENTS
- Cowboy Athletic, Inc. v. Lincoln Nat’l Life Insurance
OTHER DEVELOPMENTS
- NY Producer Compensation Disclosure Rule Upheld

REGULATORY DEVELOPMENTS
- FSOC Adopts Rules to Identify SIFI Nonbank Financial Companies
- FRB Clarifies Financial Activities under Dodd-Frank Title I
- Volcker Conformance Period Clarified
- OCC Proposes New STIF Requirements
TAX DEVELOPMENTS
- COLI Notice and Consent PLR
JUDICIAL DEVELOPMENTS
- Baker v. American Greetings
OTHER DEVELOPMENTS
- MetLife Settles Multi-State Exams Related to DMF Usage

REGULATORY DEVELOPMENTS
- New Interagency Stress Testing Guidance
- New Challenges to Dodd-Frank Implementation
- Europe Postpones Solvency II Rules
JUDICIAL DEVELOPMENTS
- American Greetings v. Baker (Update)
OTHER DEVELOPMENTS
- NY Emergency Regulation on Unclaimed Life Insurance Benefits

REGULATORY DEVELOPMENTS
- Agencies Release Final and Proposed Capital Rules
- OCC Releases Final Rules on Removing Credit Ratings in Regulations
- Agencies Sign Memo On Supervisory Coordination
- SEC Names New Director of Office of Credit Ratings
- New Private Systemic Risk Council
ACCOUNTING DEVELOPMENTS
- FASB Proposal on Liquidity and Interest Rate Risk Disclosures
JUDICIAL DEVELOPMENTS
- American Greetings v. Collier (Update)
- State National Bank of Big Spring v. Geithner
- National Federation of Independent Business v. Sebelius
OTHER DEVELOPMENTS
- Changes to DMF May Impact Experience-Rating Calculation
AD HOC LRA – JUNE 12, 2012
- Agencies Release Final and Proposed Capital Rules

REGULATORY DEVELOPMENTS
- OCC Corporate Decision on BOLI as Capital
- SEC and CFTC Swap Rules Further Exclude Insurance Products
- FSOC Releases Second Annual Report
- Office of Financial Research Releases Annual Report
TAX DEVELOPMENTS
- IRS Clarifies “Substantial Risk of Forfeiture” under IRC §83
JUDICIAL DEVELOPMENTS
- Collier v. American Greetings (Update)
- Bancorp Services v. Sun Life and Analect
OTHER DEVELOPMENTS
- EU Commission Proposes New Insurance Commission Disclosures
AD HOC LRA – JULY 6, 2012
- OCC Corporate Decision 2012-11

REGULATORY DEVELOPMENTS
- Regulatory Capital Proposals Update
- Basel Committee Basel III Report
- FSOC Moving Forward with Nonbank SIFI Designation Process
- IAIS Releases Public Comments on G-SII Designation Methodologies
- Geithner Letter to FSOC on Money Market Reforms
- SEC Report on Credit Rating Standardization
- GAO Examines the FSOC and OFR
JUDICIAL DEVELOPMENTS
- Baker v. American Greetings (Update)
- Texas Ruling that Life Settlements are not Securities

REGULATORY DEVELOPMENTS
- Regulatory Capital Proposals (Update)
- OCC Releases Final Rules on Large Bank Stress Testing
- OCC Finalizes STIF Rule Revisions
JUDICIAL DEVELOPMENTS
- Baker v. American Greetings (Update)
- U.S. v. Bank of America, Countrywide
OTHER DEVELOPMENTS
- AIG to Pay $300 Million in Unclaimed Property Settlement

REGULATORY DEVELOPMENTS
- Regulatory Capital Proposals Update
- FSOC Proposes Money Market Funds Reform Options
- Federal Agencies Release Stress Testing Scenarios
JUDICIAL DEVELOPMENTS
- Baker v. American Greetings (Update)
OTHER DEVELOPMENTS
- FINRA Increases Transparency in the TBA Market for Agency Pass-Through Mortgage-Backed Securities
- COLI Mystery Novel

REGULATORY DEVELOPMENTS
- Federal Reserve’s New Supervision Framework for Large Financial Institutions
- OCC Highlights Risks Facing National Banks
- SEC Staff Paper on Money Market Fund Reform
LEGISLATIVE DEVELOPMENTS
- American Taxpayer Relief Act of 2012
JUDICIAL DEVELOPMENTS
- Baker v. American Greetings