Bank & Thrift Regulatory Update

• Financial Stability Oversight Council Submits Annual Report to Congress; Treasury Secretary Lew Questioned About FSOC Designations
• OCC Comptroller Discusses Shadow Banking and the Dual Banking System at Conference of State Bank Supervisors
• OCC Releases Financial Report on Community Banks in Its Central District; OCC Schedules Community Bank Director Workshop

Enterprise & Consumer Compliance

• CFPB Director Cordray Outlines CFPB Actions to Reinforce Financial Institution Accountability
• VA Issues Interim Final Rule Defining Qualified Mortgage
• Regulation Z Added to CFPB’s eRegulations Tool
• FDIC Enters Into Consent Orders to Address Violations of UDAP and the Servicemember Civil Relief Act Related to Student Lending

Capital Markets & Investment Management

• CFTC Announces Streamlined Approach for Requests for Relief from Registration for Commodity Pool Operators
• SEC Approves Rules Amending FINRA Rules Governing Equity Trade Reporting and OATS
• SEC Approved Amendments to the Underwriting Terms and Arrangement of FINRA Corporate Financial Rule
• Enforcement Actions

Recent Supervisory Actions