Aldrich Bonnefin & Moore, PLC continually analyzes and digests current developments in the financial services industry, as well as new laws and regulations in our efforts to keep our clients fully informed.
Commercial Lending Update
February, 2012
Effective January 1, 2012, California law recognizes two new corporate entities, the flexible purpose corporation (FPC) and the benefit corporation (BC).
Consumer Lending Update
January, 2012
On December 17, 2011, President Obama signed into law an appropriations measure (H.R.2055) that, among other things, appropriates funds to keep the National Flood Insurance Program (NFIP) afloat.
Consumer Financial Protection Bureau Re-publishes Various Consumer Regulations
December 20, 2011
- The Consumer Financial Protection Bureau (CFPB) is acting quickly to codify certain federal consumer laws now under its jurisdiction. On December 16, 2011 it published new interim final rules
Consumer Lending Update
December 15, 2011
- HUD Proposes Fair Housing Disparate Impact Standard
- Impact of Qualifile Scores on FCRA Adverse Action Notices
Corporate Governance Update
December 15, 2011
- Agencies Propose Volcker Rule Regulations
- Agencies Adopt Final Resolution Plan
- OCC Proposes to Remove References to Credit Ratings for Eligible Investment Determinations
- Shareholder Registration Threshold May Increase
- California Financial Code Reorganized, Again
Banking Operations Update
December 15, 2011
- FinCEN Clarifies Process for Filing Corrected or Amended Reports
- Important Upcoming Dates and Changes to ATM Accessibility Under the 2010 ADA Standards
