May 27, 2026
To our clients and friends:
On May 19, 2026, the FFIEC issued a notice of proposed rulemaking to revise the Uniform Financial Institutions Rating System, commonly known as the CAMELS framework. The proposed changes are the first revisions to this framework since 1996, and will apply to the supervision standards and procedures used for national banks, member and non-member state-chartered banks, and credit unions. Our Legal Update on this proposal can be found here.
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May 14, 2026
To our clients and friends:
On May 5, 2026, the Securities and Exchange Commission (the “SEC”) issued a proposed rule to amend periodic reporting requirements for public companies under the Securities Exchange Act of 1934 that have been in place for more than 50 years. Under the proposed rule, reporting companies would be permitted to file semiannual reports on a new Form 10-S in lieu of quarterly reports on Form 10-Q. Our Legal Update covering the proposed rule and key takeaways is available here.
Luse Gorman, PC regularly advises companies regarding corporate governance, shareholder matters and SEC developments. If you have any questions related to this Legal Update, please reach out to your usual firm contact. To learn more about our firm and services, please visit our website.
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May 13, 2026
Today we published Volume 29 of The Bankers’ Bulletin, which provides our insights into key banking industry developments from April 2026, including the:
• Proposed revisions to the BSA/AML compliance regime;
• Banking agencies’ updated model risk guidance;
• OCC’s regulations to preempt state interchange fee laws;
• Final community bank leverage ratio rule;
• FDIC’s report on risks facing the banking industry;
and more.
A link to the latest edition of the Bulletin is available here. If you have any questions related to any of the items covered in this edition of the Bulletin, please reach out to Brendan Clegg (bclegg@luselaw.com), Marc Levy (mlevy@luselaw.com), Scott Brown (sbrown@luselaw.com), Keeler Fina (kfina@luselaw.com), or your regular Firm contact. To learn more about Luse Gorman, please visit our website.
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March 16, 2026
Today we published Volume 27 of The Bankers’ Bulletin, which provides our insights into key banking industry developments from February 2026, including:
• A federal court’s upholding of Illinois’ interchange fee prohibition law;
• The OCC’s proposal for a new bank appeals process;
• FinCEN’s exceptive relief from CDD Rule requirements;
• The FRB’s proposal to remove reputation risk from supervision;
• The OCC’s proposed rule to implement the GENIUS Act;
and more.
A link to the latest edition of the Bulletin is available here. If you have any questions related to any of the items covered in this edition of the Bulletin, please reach out to Brendan Clegg (bclegg@luselaw.com), Marc Levy (mlevy@luselaw.com), Scott Brown (sbrown@luselaw.com), Keeler Fina (kfina@luselaw.com), or your regular Firm contact. To learn more about Luse Gorman, please visit our website.
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February 11, 2026
Today we published Volume 26 of The Bankers’ Bulletin, which provides our insights into key banking industry developments from January 2026, including:
• The OCC’s proposed rule on national trust bank authority;
• The FDIC’s final revisions to its appeals process;
• The progress of community bank reform legislation in the House;
• The withdrawal of a joint statement on ECOA by DOJ/CFPB;
• The Comptroller’s call for changes to resolution planning;
and more.
A link to the latest edition of the Bulletin is available here. If you have any questions related to any of the items covered in this edition of the Bulletin, please reach out to Brendan Clegg (bclegg@luselaw.com), Marc Levy (mlevy@luselaw.com), Scott Brown (sbrown@luselaw.com), Keeler Fina (kfina@luselaw.com), or your regular Firm contact. To learn more about Luse Gorman, please visit our website.
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