US Response
Pub.L. 111-203 2010 (Jul. 21, 2010) (Dodd-Frank Act)
Federal Reserve Regulatory Reform Page
Financial Stability Oversight Council
FSOC, Advance Notice of Proposed Rulemaking Regarding Authority to Require Supervision and Regulation of Certain Nonbank Financial Companies, 75 Fed. Reg. 61653 (Oct. 6, 2010)
FSOC, Public Input for the Study Regarding the Implementation of the Prohibitions on Proprietary Trading and Certain Relationships with Hedge Funds and Private Equity Funds, 75 Fed. Reg. 61758 (Oct. 6, 2010)
Federal Reserve, Report to the Congress on Risk Retention (Oct. 2010)
Financial Crisis Inquiry Commission
Final Report (Jan. 2011)
Preliminary Staff Report, Governmental Rescues of “Too-Big-to-Fail” Financial Institutions (Aug. 31, 2010)
Preliminary Staff Report, Shadow Banking and the Financial Crisis (May 4, 2010)
Congress
Davids Polk, Summary of the Restoring American Financial Stability Act of 2009, Introduced by Senator Christopher Dodd (D-CT) November 10, 2009 Discussion Draft
Congressional Oversight Panel, Special Report on Regulatory Reform (January 2009)
US, House Committee on Oversight and Government Reform, Hearing on Causes and Effects of the Lehman Brothers Bankruptcy (Oct. 6, 2008)
Office of the Special Inspector General for the Troubled Asset Relief Program
Treasury
Office of the Special Master for TARP Executive Compensation, Final Report of Special Master Kenneth R Feinberg, (Sep. 10, 2010)
Proposed Improvements to Regulation of Over-the-Counter Derivatives Markets (Aug. 11, 2009)
Assistant Secretary for Financial Institutions Michael S. Barr, Written Testimony to Senate Committee on Banking, Housing, and Urban Affairs (Aug. 5, 2009)
Fact Sheet: Administration’s Regulatory Reform Agenda Moves Forward (Jul. 22, 2009)
Fact Sheet: Administration’s Regulatory Reform Agenda Moves Forward. Credit Rating Agency Reform Legislation Sent to Capitol Hill (Jul. 21, 2009)
US Treasury, Financial Regulatory Reform: A New Foundation: Rebuilding Financial Supervision and Regulation (Jun. 17, 2009)
US Treasury, Emergency Economic Stabilization Act Page
Remarks by Secretary Henry M. Paulson, Jr. on Blueprint for Regulatory Reform (Mar. 31, 2008)
US Treasury, Fact Sheet: Treasury Releases Blueprint for a Stronger Regulatory Structure (Mar. 31, 2008)
Department of the Treasury Blueprint for a Modernized Financial Regulatory Structure (Mar. 31, 2008)
Term Securities Lending Facility
The President’s Working Group on Financial Markets, Policy Statement on Financial Market Developments (Mar. 13, 2008)
US Treasury, Treasury Announces New Restrictions On Executive Compensation (Feb. 4, 2009)
Financial Stability Oversight Council (Roadmap; Transparency Policy)
Banking Regulators
Bank of England/FDIC, Memorandum of Understanding concerning consultation, cooperation and the exchange of information related to the resolution of insured depository institutions with cross-border operations in the United States and the United Kingdom (Jan 22, 2010)
Board of Governors of the Federal Reserve System, Proposed Rule, Regulation Z: Truth in Lending (Dec 18, 2007)
Randall S. Kroszner, Governor of the US Federal Reserve System,The Challenges Facing Subprime Mortgage Borrowers, Speech at the Consumer Bankers Association 2007 Fair Lending Conference, Washington, D.C., Nov. 5, 2007.
Central Banks Liquidity Support for Funding Markets (Mar. 11, 2008)
OCC, Federal Reserve System, FDIC, OTS, Risk-Based Capital Standards: Advanced Capital Adequacy Framework – Basel II 72 Fed. Reg . 69288 (Dec. 7, 2007)
GAO
GAO, The Cooperative Model as a Potential Component of Structural Reform Options for Fannie Mae and Freddie Mac (Nov. 15, 2010)
GAO, Recent Crisis Reaffirms the Need to Overhaul the U.S. Regulatory System, Statement of Richard J. Hillman, Managing Director Financial Markets and Community Investment, GAO-09-1049T (Sep. 29, 2009)
GAO, Troubled Asset Relief Program: Status of Efforts to Address Transparency and Accountability Issues, GAO-09-1048T (Sep. 24, 2009)
GAO, Troubled Asset Relief Program: Status of Government Assistance Provided to AIG, GAO-09-975 (Sep. 21, 2009)
GAO, Fair Lending: Data Limitations and the Fragmented U.S. Financial Regulatory Structure Challenge Federal Oversight and Enforcement Efforts, GAO-09-825 (Aug. 14, 2009)
GAO, Home Mortgages: Provisions in a 2007 Mortgage Reform Bill (H.R. 3915) Would Strengthen Borrower Protections, but Views on Their Long-term Impact Differ GAO-09-741 (Jul. 31, 2009)
GAO, Reverse Mortgages: Policy Changes Have Had Mostly Positive Effects on Lenders and Borrowers, but These Changes and Market Developments Have Increased HUD’s Risk GAO-09-836 (Jul. 30, 2009)
GAO, Characteristics and Performance of Nonprime Mortgages GAO-09-848R (Jul. 28, 2009)
GAO, Financial Markets Regulation: Financial Crisis Highlights Need to Improve Oversight of Leverage at Financial Institutions and across System GAO-09-739 (Jul. 22, 2009)
GAO, Fair Lending: Data Limitations and the Fragmented U.S. Financial Regulatory Structure Challenge Federal Oversight and Enforcement Efforts, GAO-09-704 (Jul. 15, 2009)
GAO, Troubled Asset Relief Program: Status of Efforts to Address Transparency and Accountability Issues GAO-09-920T (Jul. 22, 2009); Troubled Asset Relief Program: Status of Participants’ Dividend Payments and Repurchases of Preferred Stock and Warrants GAO-09-889T (Jul. 9, 2009); Troubled Asset Relief Program: Capital Purchase Program Transactions for October 28, 2008, through May 29, 2009, and Information on Financial Agency Agreements, Contracts, Blanket Purchase Agreements, and Interagency Agreements Awarded as of June 1, 2009 (GAO-09-707SP, June 2009), an e-supplement to GAO-09-658, GAO-09-707SP (Jun. 17, 2009); Troubled Asset Relief Program: June 2009 Status of Efforts to Address Transparency and Accountability Issues GAO-09-658 (Jun. 17, 2009); Troubled Asset Relief Program: Capital Purchase Program Transactions for the Period October 28, 2008 through March 20, 2009 and Information on Financial Agency Agreements, Contracts, and Blanket Purchase Agreements Awarded as of March 13, 2009 (GAO-09-522SP, March 2009), an E-supplement to GAO-09-504, GAO-09-522SP (Mar. 31, 2009); Troubled Asset Relief Program: March 2009 Status of Efforts to Address Transparency and Accountability Issues GAO-09-504 (Mar. 31, 2009)
GAO, Federal Reserve Banks: Areas for Improvement in Information Security Controls GAO-09-722R (May 29, 2009)
GAO, Sovereign Wealth Funds: Laws Limiting Foreign Investment Affect Certain U.S. Assets and Agencies Have Various Enforcement Processes GAO-09-608 (May 20, 2009)
GAO, SHO: Recent Actions Appear to Have Initially Reduced Failures to Deliver, but More Industry Guidance Is Needed, 5, GAO-09-483 (May 12, 2009)
GAO, Hedge Funds: Overview of Regulatory Oversight, Counterparty Risks, and Investment Challenges GAO-09-677T (May 7, 2009)
GAO, Inspectors General: Independent Oversight of Financial Regulatory Agencies GAO-09-524T (Mar. 25, 2009)
GAO, Financial Regulation: Review of Regulators’ Oversight of Risk Management Systems at a Limited Number of Large, Complex Financial Institutions GAO-09-499T (Mar. 19, 2009)
GAO, Federal Financial Assistance: Preliminary Observations on Assistance Provided to AIG GAO-09-490T (Mar. 18, 2009)
GAO, Systemic Risk: Regulatory Oversight and Recent Initiatives to Address Risk Posed by Credit Default Swaps GAO-09-397T (Mar. 5, 2009)
GAO, Securities and Exchange Commission: Oversight of U.S. Equities Market Clearing Agencies GAO-09-318R (Feb. 26, 2009)
GAO, Financial Regulation: A Framework for Crafting and Assessing Proposals to Modernize the Outdated U.S. Financial Regulatory System, GAO – 09-216 (Jan 2009)
SEC
CFTC & SEC, Joint Report on Regulatory Harmonization (Oct. 16, 2009)
SEC, Draft Strategic Plan for 2010-2015 (Oct. 2009)
SEC, Annual Report on Nationally Recognized Statistical Rating Organizations (Sep. 2009)
SEC, Commission Guidance Regarding the Financial Accounting Standards Board’s Accounting Standards Codification, 74 Fed. Reg. 42772 (Aug. 25, 2009)
SEC, Report to Congress on Mark-to-Market Accounting (Dec. 30, 2008)
SEC, Emergency Order Pursuant to Section 12(K)(2) of the Securities Exchange Act of 1934:Taking Temporary Action To Respond To Market Developments, Exchange Act Release No. 34-58572 (Sept. 17, 2008)
SEC, Emergency Order Pursuant to Section 12(K)(2) of the Securities Exchange Act of 1934:Taking Temporary Action To Respond To Market Developments, 73 Fed. Reg. 42379 (Jul. 21, 2008)
SEC, Report to Congress on Mark-to-Market Accounting (Dec. 30, 2008)
States
Andrew M. Cuomo, Attorney General, State of New York, No Rhyme or Reason: The Heads I Win, Tails You Lose Bank Bonus Culture (July 2009)
US Financial Institutions
Bear Stearns
SEC, Office of Inspector General, Allegations of Improper Disclosures and Assurances Given (Sep. 30, 2009)
SEC, Office of Inspector General, SEC’s Oversight of Bear Stearns and Related Entities: Consolidated-Supervised Entity Program, Report No. 446-A (Sept 25, 2008)
SEC, Office of Inspector General, SEC’s Oversight of Bear Stearns and Related Entities: Consolidated-Supervised Entity Program, Report No. 446-B (Sept 25, 2008)
SEC, Chairman Cox Letter to Basel Committee in Support of New Guidance on Liquidity Management (Mar. 20, 2008)
JP MOrgan/Bear Stearns Merger Agreement
Bear Stearns 10Q (3rd. quarter 2007)
Merrill Lynch:
Press Release of Oct. 24, 2007 announcing “Third quarter write-downs of $7.9 billion across CDOs and U.S. sub-prime mortgages are significantly greater than the incremental $4.5 billion write-downs Merrill Lynch disclosed at the time of its earnings pre-release.”
Stan O’Neal’s Retirement Agreement
Merrill Lynch Restated By-Laws (effective Oct. 30, 2007)
Citigroup:
Citigroup Press Release of Nov. 4, 2007 announcing sub-prime related losses.
Citigroup Form 10-Q for the quarter ended Sept. 30, 2007.