Economic Crisis Resource Center > Troutman Sanders LLP

Dodd-Frank Wall Street Reform and Consumer Protection Act

by Troutman Sanders LLP

July 29, 2010
12:00PM  -  1:00PM

Please join us for a webinar to discuss the new financial regulations and how they may affect your business.

ABOUT THIS EVENT
This program covers portions of the Act of interest to a wide range of banks and other financial companies, including Regulatory Restructuring and Reforms, Orderly Liquidation Authority, Mortgage Lending Reforms and Consumer Financial Protection, Corporate Governance and Executive Compensation Reforms, and Derivatives and Related Securities Matters.                                              

AGENDA/PRESENTERS

Welcome (Jake Lutz)

Banking and Financial Companies (Jake Lutz, Jerome Walker, Tom Powell and Hollace Cohen)

Click here for Hollace Cohen’s presentation slides.
Click here for Jake Lutz’s presentation slides.
Click here for Tom Powell’s presentation slides.

  • Regulatory Restructuring
  • FDIC Orderly Liquidation Authority
  • Capital Requirements
  • Deposit Insurance Reform

 

Mortgage Lending Reform (Fred Palmore)
Click here for presentation slides.

  • Residential loan origination standards
  • Mortgage servicing and escrow accounts
  • Real estate appraisal requirements
  • Regulatory authority of Bureau of Consumer Financial Protection and Federal Reserve

 

Consumer Protection (William Hurd, Ashley Taylor and Fred Palmore)

  • Creation and Authority of Bureau of Consumer Financial Protection
  • Relationship of the Dodd-Frank Act’s consumer financial protections to state consumer financial protection law
  • Act’s new preemption provisions will make national bank preemption of state consumer laws more difficult giving State Attorneys General greater authority to enforce state consumer protection laws against national banks.
  • Act confers authority to State Attorneys General and to State Regulators to enforce the Act and its regulations against state chartered entities and national banks.  

 

Corporate Governance and Executive Compensation (Dave Meyers and Susan Ancarrow)
Click here for presentation slides.

  • Corporate Governance reforms: proxy access, broker discretionary voting, and proxy disclosures regarding governance structure and employee and director hedging
  • Executive Compensation reforms: say-on-pay, golden parachutes, compensation committee independence, clawback policies and proxy disclosures
  • Implementation timelines
  • SEC management improvements

 

Over-the-Counter Derivatives (John Leonti)
Click here for presentation slides.

  • Review of Title VII and how it intends to increase the transparency and reduce the perceived systematic risk of the over-the-counter derivatives market with the introduction of central clearing, exchange trading and data repositories
  • Overview of the CFTC’s and the SEC’s regulation of swaps and security-based swaps, as well as market participants

 

Q&A and Closing Remarks (Jake Lutz)

CLE Approval Pending. To apply for CLE credit, contact events@troutmansanders.com.