Mayer Brown’s Dodd-Frank Experience
Since the inception of the financial crisis in 2008, Mayer Brown lawyers have worked closely with our financial institution and trade association clients on the regulatory response. We represented clients in the legislative phase leading up to the enactment of Dodd-Frank and have continued to work on initiatives to obtain needed amendments to the legislation, including preparing and delivering testimony before Congressional committees. We have been even more active on behalf of our clients during the regulatory implementation phase of Dodd-Frank, including drafting many comment letters on major initiatives such as the Volcker Rule, new derivatives regulations, changes affecting the securitization industry, regulatory capital rules, and changes to the US securities laws.
We are currently advising many of our US and non-US financial services clients on implementation of the full gamut of Dodd-Frank requirements, ranging from new consumer regulations to heightened prudential standards. We have developed several user-friendly and tailored tools that our clients use to manage these tasks, including matrices of Dodd-Frank regulations and a Volcker Rule assessment chart.
Annual Dodd-Frank Seminars
Following the enactment of the Dodd-Frank Act, Mayer Brown has hosted annual seminars for financial services clients focusing on the key business and compliance issues associated with this complex law.
June 26, 2012
The Continuing Impact of Dodd-Frank
VIEW PRESENTATION MATERIALS HERE
Mayer Brown’s third annual seminar provided an overview of some of the most significant developments of the last year as well as a preview of what’s to come in the next few months. Topics addressed included:
- Implementation of the Volcker Rule, including practical implications of the Federal Reserve’s recent conformance period guidance
- Developments in derivatives regulation
- Important new prudential requirements, including enhanced capital and other standards applicable to systemically significant institutions
- The Dodd-Frank Act’s impact on securitization
- The role of the Consumer Financial Protection Bureau and its recent activities
- Related extraterritorial, cross-border, and international issues arising in connection with these various requirements
July 27, 2011
Dodd-Frank: One Year Later
VIEW PRESENTATION MATERIALS HERE
Mayer Brown’s second annual seminar discussed some the some of the most significant developments since the enactment of the Dodd-Frank Act. The program also included a special presentation by Mayer Brown partner Richard Rosenfeld, the former Chief Investigative Counsel with the Office of the Special Inspector General for the Troubled Asset Relief Program.
Topics addressed included:
- The Volcker Rule
- Bank regulation and structure, including the emerging new requirements for systemically important financial institutions
- The impact of the new Bureau of Consumer Financial Protection
- Key issues for the next 6–12 months
July 12, 2011
Understanding the New Financial Reform Legislation
The Dodd Frank financial reform legislation made massive changes to existing US law and profoundly affected banks, insurance firms, broker-dealers, investment managers, private funds, non-bank financial firms and others involved in financial activities in both US and non-US markets. This seminar provided an overview of the significant impact this historic legislation on US and global financial markets. Topics addressed included:
- Bank proprietary trading and private fund activities (“The Volcker Rule”)
- Bank regulation and structure, including capital requirements
- Securities markets and investors, including securitization
- Consumer financial services
- Private funds
- The regulation of systemically significant companies
- The resolution scheme for leading financial firms
Read our Comprehensive Analysis of the Dodd-Frank Act
View Video from our first annual seminar here.