Enclosed is a link to an article that Eric Luse of our firm wrote for the American Banker explaining why the Federal Reserve Board’s dividend waiver rule is unworkable and unfair to mutual holding companies and public stockholders.
Read More...On July 31, 2018, the Treasury Department issued its report on financial technology (fintech) companies and the OCC announced that it will begin accepting national bank charter applications from fintech companies.
Read More...The SEC recently finalized a rule, effective September 10, 2018, that expands the definition of “smaller reporting company” (“SRC”) to include registrants with (i) a public float of less than $250 million, or (ii) annual revenues of less than $100 million for the previous year and either no public float or a public float of less than $700 million.
Read More...The Department of Labor has issued a new final rule (the “Rule”) that will apply to certain disability claims filed on and after April 2, 2018.
Read More...The Tax Cuts and Jobs Act (the “Act”) became law in December, and now would be a good time to begin reviewing its implications for your compensation plans and other benefits arrangements.
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