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Fifth Circuit Vacates SEC Rule Regulating Private Funds Advisers | Kramer Levin Naftalis & Frankel LLP

In a highly anticipated opinion, the Fifth Circuit announced on June 5, 2024 its decision to vacate rules adopted by the Securities and Exchange Commission (SEC or the Commission) in. ....

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Regulatory Concerns Shake Lender Confidence

Regulatory Concerns Shake Lender Confidence
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Important National Bank Act (NBA) preemption case to be argued Today, February 27, before US Supreme Court | Ballard Spahr LLP

The oral argument in Cantero v. Bank of America, N.A. will be heard on Tuesday, February 27 before the US Supreme Court. The Court recently granted the unopposed motion of the Solicitor. ....

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ABA issues white paper on agency guidance and sends letters to regulators commenting on recently-issued guidance | Ballard Spahr LLP

The American Bankers Association (ABA) has issued a new white paper, “Effective Agency Guidance: Examining Bank Regulators’ Guidance Practices,” that is intended to help agencies issue. ....

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Former Comptrollers of the Currency file amicus brief in SCOTUS case disagreeing with Justice Dept. on scope of national bank preemption | Ballard Spahr LLP

The scope of national bank preemption is currently before the U.S. Supreme Court in Cantero v. Bank of America, N.A. A New York statute requires the payment of interest on mortgage. ....

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