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Treasury Renews Unchanged Information Collection on Designation of Financial Market Utilities; Seeks Public Comment
On March 28, the Treasury Department issued a request for comment on its plan to renew an information collection, without change, on the designation of Financial Market Utilities (FMUs) as systemically important financial institutions. According to the Treasury’s notice, the information will be used by the Financial Stability Oversight Council (FSOC) to “determine whether to designate or rescind the designation of an FMU under Title VIII” of the Dodd-Frank Act. The request for comment allows FMUs to submit written materials to the FSOC before the Council makes a designation decision and also permits an FMU to request a hearing or submit materials to contest the FSOC’s proposed determination. Comments on the information collection must be received by April 27, 2017 as instructed on the notice’s publication in the Federal Register.
- Sherry-Maria Safchuk to discuss UDAAP at an American Bar Association webinar
- Jeffrey P. Naimon to discuss "What to expect: The new administration and regulatory changes" at the Mortgage Bankers Association Legal Issues and Regulatory Compliance Conference
- Jonice Gray Tucker to discuss “The future of fair lending” at the Mortgage Bankers Association Legal Issues and Regulatory Compliance Conference
- Steven R. vonBerg to discuss "LO comp challenges" at the Mortgage Bankers Association Legal Issues and Regulatory Compliance Conference
- Michelle L. Rogers to discuss "Major litigation" at the Mortgage Bankers Association Legal Issues and Regulatory Compliance Conference
- Michelle L. Rogers to discuss “The False Claims Act today” at the Federal Bar Association Qui Tam Section Roundtable