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The Eurozone Crisis: A Roadmap for Urgent and Decisive ActionWhile European leaders have been meeting in Brussels to address the crisis in the eurozone,...

During two closed sessions before the luncheon, committee members discussed the latest in financial regulation issues. At a luncheon briefing following these sessions, SFRC members gave several statements and answered questions.

The SEC now is seeking public comment on how to improve its process for retrospective reviews of existing rules.

On April 5, 2012, the President signed into law the Jumpstart Our Business Startups (JOBS) Act, which passed by a large bipartisan majority in the Congress. The Act is designed to facilitate the equity funding of new companies. Recent research has documented that from 1980 through the 2008-09 recession new companies have been main drivers of job creation in the United States. 

The risk-retention requirements of the Dodd-Frank Act (DFA) were enacted in the belief that they would improve the quality and reduce the risk of securitized mortgages by requiring securitizers to have ―skin in the game.

As required by the Dodd-Frank Act, the FDIC and the Federal Reserve Board of Governors have issued a notice of proposed rulemaking (NPR) to implement the "Living Will" requirements of Section 165(d).

On January 31, 2011, the Financial Accounting Standards Board (FASB) issued for public comment a proposed approach for recognizing impairment allowances on financial assets.

The risk-retention requirements of the Dodd-Frank Act (DFA) were enacted in the belief that they would improve thequality and reduce the risk of securitized mortgages by requiring securitizers to have -skin in the game.