Dodd–Frank Wall Street Reform and Consumer Protection Act News

Consumer Bureau Wants Full Court Review of Sole Directorship

The U.S. Consumer Financial Protection Bureau late on Friday asked the entire U.S. Court of Appeals for the District of Columbia to review an October decision that its structure is unconstitutional. The review will involve all the court’s judges, a …

UPenn Legal Scholar: FIO Report Is ‘Cautiously Sensible’

The Federal Insurance Office (FIO)’s recent report on how to improve and modernize insurance regulation has received a range of reactions since its publication in December. Recently a business law scholar at the University of Pennsylvania also weighed in on …

Ex-Treasury Official Wolin Urges Federal, State Collaboration to Improve Regulation

To make continued improvements in the U.S. insurance regulatory system, it’s imperative for state and federal officials to work collaboratively and share information and perspectives, said former Deputy Treasury Secretary Neal S. Wolin, who delivered the keynote speech at the …

Federal Insurance Office Releases Long-Awaited Modernization Report

After nearly two years of delay, the U.S. Department of the Treasury’s Federal Insurance Office (FIO) today released its report on how to modernize and improve the system of insurance regulation in the United States. In its report, the FIO …

Bill to Align California with Dodd-Frank Passes Legislature

The California State Legislature has passed Senate Bill 1216, which aligns California law with the Dodd-Frank Wall Street Reform and Consumer Protection Act, with unanimous support. SB 1216 was authored and carried by Sen. Alan Lowenthal, D-Long Beach, on behalf …

Conference: Risk, Returns, Regulation, and More Regulation

Coming off a rough few years of recession, then a disaster prone 2011 – and then more global uncertainty in 2012 – the world and the insurance industry have a few things to look forward to in the next year. …

Bill To Align California With Dodd-Frank Passes Committee

The California Senate Insurance Committee passed a law regarding reinsurers that would put the state in alignment with the Dodd–Frank Wall Street Reform and Consumer Protection Act and a model law from the National Association of Insurance Commissioners. Senate Bill …