Latest Information
Global Financial Markets Initiative Teleconference: The Obama Financial Regulatory Reform Proposal: Implications for the Competitive Landscape
June 25, 2009 (US)
SEC proposes Rule Amendments to strengthen regulatory framework for Money Market Funds
June 24, 2009 (US)
Testimony from the Regulatory Restructuring: Enhancing Consumer Financial Products Regulation (creation of a Consumer Financial Protection Agency) hearing before the Financial Services Subcommittee
June 24, 2009 (US)
International Organization of Securities Commissioners (IOSCO) releases press release and report containing 6 principles for regulation of hedge funds
June 22, 2009 (EU)
SEC No-Action Letter Eases Fund Participation in the TALF
June 19, 2009 (US)
Treasury Secretary Geithner's Testimony and Majority & Minority Statements before U.S. Senate Banking Committee regarding the Obama Administration's regulatory reform proposal
June 18, 2009 (US)
U.S. President Obama announces Comprehensive Plan for Regulatory Reform
June 17, 2009 (US)
Financial Regulatory Reform White Paper
Requiring Strong Supervision and Appropriate Regulation of All Financial Firms Fact Sheet
Strengthening Regulation of Core Markets and Market Infrastructure Fact Sheet
Strengthening Consumer Protection Fact Sheet
Providing the Government with Tools to Effectively Manage Failing Institutions Fact Sheet
Improving International Regulatory Standards and Cooperation Fact Sheet
House Foreign Affairs Subcommittee testimony on Foreign Policy Implications of U.S. Efforts to Address the International Financial Crisis: TARP, TALF and the G-20 Plan
June 10, 2009 (US)
SEC Chairman Mary Schapiro Statement on Executive Compensation
June 10, 2009 (US)
Federal Reserve Bank of New York posts new, revised TALF Documents and Forms
June 9, 2009 (US)
Federal Reserve outlines criteria it will use to evaluate applications to redeem U.S. Treasury capital from participants in Supervisory Capital Assessment Program June 1, 2009 (US)
Federal Reserve Board issues Final Rules on the Treatment of Securities issued under TARP
May 22, 2009 (US)
Testimony before the U.S. Homeland Security and Governmental Affairs Committee: Where Were the Watchdogs? Financial Regulatory Lessons From Abroad May 21, 2009 (US)
Federal Reserve Bank of New York released terms & conditions and FAQ for TALF Legacy commercial mortgage-backed pass-through securities
May 19, 2009 (US)
SEC announces First Distribution from $267 million Bear Stearns Fair Fund
May 15, 2009 (US)
Fed Reserve Chairman Bernanke Remarks on the Supervisory Capital Assessment Program (banking stress test)
May 11, 2009 (US)
Statement from Treasury Secretary Geithner regarding the Treasury Capital Assistance Program and the Supervisory Capital Assessment Program with link to banking stress test results
May 7, 2009 (US)
Fed Reserve Chairman Bernanke Remarks on Lessons of the Financial Crisis for Banking Supervision
May 7, 2009 (US)
Testimony from Senate Hearing on Strengthening SEC Enforcement Responsibilities
May 7, 2009 (US)
Treasury Press Release regarding the Treasury Capital Assistance Program and the Supervisory Capital Assessment Program
May 6, 2009 (US)
FDIC Guidance (Financial Institution Letter) on Risk Management of Investments in Structured Credit Products
May 1, 2009 (US)
European Commission Resources regarding the Amendments to the Capital Requirements Directive for credit institutions and investment firms
May 2009 (EU)
Treasury Secretary Geithner’s Remarks Before The Economic Club of Washington, “We are designing our financial programs so we can reverse them as soon as practical and avoid the risks that come with sustained government intervention in the financial system.”
April 22, 2009 (US)
Office of the Special Inspector General for the Troubled Asset Relief Program (SIGTARP), Quarterly Report to Congress
April 21, 2009 (US)
Revisions to TALF Terms & Conditions and FAQ made by the Federal Reserve Bank of New York
April 21, 2009 (US)
Treasury Press Release regarding Updated Guidance on Legacy Securities Public-Private Investment Program April 6, 2009 (US)
Address by SEC Chairman Mary Schapiro to the Council of Institutional Investors April 6, 2009 (US)
The Financial System Stabilization and Reform Act of 2009 is introduced in the House of Representatives (companion to bill introduced in the Senate) [press release]
March 30, 2009 (US)
Testimony from Enhancing Investor Protection and the Regulation of Securities Markets before the Senate Banking and Housing Committee
March 26, 2009 (US)
Treasury Press Release outlining the Framework for Regulatory Reform
March 26, 2009 (US)
Treasury Secretary Timothy Geithner's written testimony on Financial Regulation Reform before the Financial Services Committee
March 26, 2009 (US)
Treasury's Legislative Proposal regarding Systemic Risk
March 26, 2009 (US)
Commercial Mortgage Securities Association submits Formal TALF and Legacy Assets Plan to Treasury and Fed
March 25, 2009 (US)
House Financial Services Committee Hearing Testimony on Exploring the Balance between Increased Credit Availability and Prudent Lending Standards
March 25, 2009 (US)
US Treasury Proposes Legislation for Resolution Authority to address financial institutions that fall outside of the FDIC
March 25, 2009 (US)
IASB and FASB Announce Further Steps in Response to Global Financial Crisis
March 24, 2009 (US, EU)
Treasury Announces Details of Public/Private Partnership Investment Program
March 23, 2009 (US)
US Senator Collins Introduces Legislation to Create a Systemic Risk Regulator
March 23, 2009 (US)
U.S. House of Representatives Ways & Means Committee, H.R. 1586, A bill to impose an additional tax on bonuses received from certain TARP recipients [summary]
March 19, 2009 (US)
Speech by FSA CEO Hector Sans regarding Delivering Intensive Supervision and Credible Deterrence
March 12, 2009 (UK)
House Financial Services Approves TARP/Special Inspector General Bill (requires the SIG to include in its reports to Congress info on the participation of minorities, women & businesses owned by them in contracts awarded by the Treasury Dept. and TARP recipients)
March 11, 2009 (US)
Federal Reserve Chairman Bernanke's Speech on Financial Reform to Address Systemic Risk
March 10, 2009 (US)
U.S. Federal Reserve releases additional terms and conditions of the Term Asset-Backed Securities Loan Facility
February 6, 2009 (US)
Special Inspector General for the Troubled Asset Relief Program (TARP) released his initial report to Congress on the TARP
February 5, 2009 (US)
Treasury Department Announces Executive Compensation Guidelines
February 4, 2009 (US)
U.S. Sen. Reed issues TARP REMIC Legislation (would enable REMICs to dispose of loans under the auspices of a TARP program without endangering the REMIC status of the trust)
February 4, 2009 (US)
Testimony from U.S. Subcommittee House Hearing on Madoff Ponzi Scheme and Regulatory Failures
February 4, 2009 (US)
Report to the U.S. Secretary of the Treasury from the Treasury Borrowing Advisory Committee of the Securities Industry and Financial Markets Association
February 4, 2009 (US)
Treasury Department Announces Capital Purchase Program Investments of approx. $1.15 billion in 42 banks
February 3, 2009 (US)
The Hedge Fund Transparency Act (would require hedge funds to register with the Securities and Exchange Commission, and for other purposes; to the Committee on Banking, Housing, and Urban Affairs). Sen. Grassley’s Statement on the Transparency Act
January 29, 2009 (US)
U.S. Treasury Issues Additional Executive Compensation Rules Under TARP
January 16, 2009 (US)
President's Working Group Pvt.-Sector Committees Finish Best Practices for Hedge Funds
January 16, 2009 (US)
U.S. Government Finalizes Terms of Citi Guarantee Announced in 11/2008
January 16, 2009 (US)
Treasury, Federal Reserve and the FDIC Provide Assistance to Bank of America
January 16, 2009 (US)
U.S. Treasury Announces TARP Investments in Chrysler Financial
January 16, 2009 (US)
Ireland’s Finance Minister's Statement: Government Will Take Full Control of Anglo Irish Bank
January 15, 2009 (EU)
Interim Asst. Secretary for Financial Stability Kashkari’s Review of the Financial Market Crisis and TARP
January 13, 2009 (US)
FDIC releases Financial Institution Letter on Temporary Liquidity Guarantee Program Guidance to Periodic Debt Balance Reporting
January 12, 2009 (US)
FDIC releases Financial Institution Letter on Monitoring the Use of Funding from Federal Financial Stability and Guaranty Programs
January 12, 2009 (US)
House Financial Chmn. Barney Frank Releases Outline of Legislation to Amend TARP
January 9, 2008 (US)
Common trust funds & other institutions eligible to participate in the Federal Reserve’s Money Market Investor Funding Facility
January 7, 2009 (US)
Treasury Releases Congressional Report on Emergency Economic Stabilization Act (EESA)
January 6, 2009 (US)
Treasury Provides TARP Funds to Local Banks
January 5, 2009 (US)
Federal Reserve Bank of New York begins purchasing Mortgage-Backed Securities
January 5, 2009 (US)
Reserve Bank of India Announces Further Monetary Stimulus
January 2, 2009 (Asia)
Federal Reserve announces details of program to purchase Mortgage-Backed Securities
December 30, 2008 (US)
Federal Reserve releases revised information detailing operational aspects of Term Asset-Backed Securities Loan Facility (TALF)
December 19, 2008 (US)
Central banks announce rate cuts: European Central Bank, Bank of EnglandA>, Sveriges Riksbank (Sweden), Reserve Bank of New Zealand, Bank Indonesia.
December 4, 2008 (EU, UK & Asia)
FSA issues press release regarding Consultation Paper on Liquidity Rules, CP08/22: Strengthening liquidity standards.
December 4, 2008 (UK)
Kashkari Testimony before Senate Appropriations Financial Services Subcommittee.
December 4, 2008 (US)
Summary of Commentary on Current Economic Conditions (“Beige Book”) is released by Federal Reserve.
December 3, 2008 (US)
Chris Cox’s remarks on Rulemaking for Credit Rating Agencies at SEC Open Meeting, video of Cox’s remarks.
December 3, 2008 (US)
Transcript of Queen of England’s speech to both Houses of Parliament regarding stability of the British economy, video of Queen’s speech.
December 3, 2008 (UK)
Jon Pain, FSA Managing Director of Retail Markets, speech on current issues in the mortgage market at the Council of Mortgage Lenders ("CML") Annual Conference.
December 2, 2008 (UK)
Government Accountability Office (GAO) releases report on Troubled Asset Relief Program: Additional Actions Needed to Better Ensure Integrity, Accountability, and Transparency, highlights of the report.
December 2, 2008 (US)
Paulson Remarks on the U.S. Economy and Financial System.
December 1, 2008 (US)
Charlie McCreevy, European Commissioner for Internal Market & Services, announces initiative on Hedge Funds and discusses private equity and derivatives to the European Parliament ECON Committee.
December 1, 2008 (EU)