Developments in Securities Regulation, Corporate Governance, Capital Markets, M&A and Other Topics of Interest. MORE

The Chairman of the FDIC has established the FDIC Systemic Resolution Advisory Committee, or the SR Advisory Committee. The SR Advisory Committee will provide advice and recommendations on a broad range of issues regarding the resolution of systemically important financial companies pursuant to Title II of the Dodd-Frank Act.  The SR Advisory Committee is also intended to facilitate discussion on how the FDIC’s systemic resolution authority, and its implementation, may impact regulated entities and other stakeholders potentially affected by the process. The SR Advisory Committee will serve solely in an advisory capacity and will have no final decision-making authority, nor will it have access to or discuss any non-public, confidential or institution-specific information. 

Separately, thecorporatecounsel.net notes that regulatory agencies missed all 26 required rulemakings in April.

Check dodd-frank.com frequently for updates on the Dodd-Frank Act and other important securities law matters.

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