Financial Services Reform

Updates

protected content CFTC Releases Final Regulations on Business Conduct Standards

The Commodity Futures Trading Commission (CFTC) on January 11 approved final regulations under the Dodd-Frank Act establishing business conduct standards for “special entities” entering into derivatives transactions. Pension plans are included in the definition of “special entities.” … More

ERIC Urges SEC to Engage in More Collaboration in Dodd-Frank Pay Ratio Rulemaking

ERIC, joined by 22 other organizations, in a January 19 letter urged the Securities and Exchange Commission to expand public outreach… More

protected content CFTC Approves Final Rules on Business Conduct Standards for Swap Dealers

The Commodity Futures Trading Commission (CFTC) on January 11 approved final rules under the Dodd-Frank Act on business conduct standards… More

protected content CFTC Extends Temporary Relief Under Dodd-Frank to July 16, 2012

The Commodity Futures Trading Commission (CFTC) on December 23 published in the Federal Register a Final Order that further postpones the… More

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Agencies Seek Comments on Status of Stable Value Contracts under Dodd-Frank Swaps Rules

The SEC and the Commodities Futures Trading Commission published in the Federal Register a request for comments to assist in conducting a… More

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Letters to Congress

ERIC Urges Congress to Fix Swap Provisions in Financial Reform Legislation

ERIC, along with over 150 plan sponsors and organizations, on June 11 urged House and Senate conferees working to finalize the financial… More

ERIC Urges Senate to Drop Provision Imposing Fiduciary Duty on Use of Swaps in Pension Plan Investing

As the full Senate continues debating broad financial regulatory reform legislation (the Restoring American Financial Stability Act of… More

More Letters to Congress

Letters to Agencies

ERIC Urges SEC to Engage in More Collaboration in Dodd-Frank Pay Ratio Rulemaking

ERIC, joined by 22 other organizations, in a January 19 letter urged the Securities and Exchange Commission to expand public outreach… More

ERIC Urges Agencies to Clarify that Proposed Rules Do Not Inadvertently Limit Employee Benefit Plans Use of Swap Transactions

The ERISA Industry Committee (ERIC) on February 22 submitted comments to the Commodity Futures Trading Commission (CFTC) and Securities and… More

More Letters to Agencies

Legislative Documents

Senate Passes Financial Reform Legislation, Clearing Way for President’s Signature

The Senate on July 15 passed the Dodd-Frank Wall Street Reform and Consumer Protection Act (conference report for H.R. 4173) by a vote of… More

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Senate Approves Financial Services Reform Bill; Retains Provision Imposing Fiduciary Duty on Use of Swaps in Pension Plan Investing

The Senate by a 59 to 39 vote May 20 passed the Restoring American Financial Stability Act of 2010, legislation to overhaul the nation's… More

More Legislative Documents

Regulatory Documents

protected content CFTC Releases Final Regulations on Business Conduct Standards

The Commodity Futures Trading Commission (CFTC) on January 11 approved final regulations under the Dodd-Frank Act establishing business conduct standards for “special entities” entering into derivatives transactions. Pension plans are included in the definition of “special entities.” … More

protected content CFTC Approves Final Rules on Business Conduct Standards for Swap Dealers

The Commodity Futures Trading Commission (CFTC) on January 11 approved final rules under the Dodd-Frank Act on business conduct standards… More

protected content CFTC Extends Temporary Relief Under Dodd-Frank to July 16, 2012

The Commodity Futures Trading Commission (CFTC) on December 23 published in the Federal Register a Final Order that further postpones the… More

protected content

Agencies Seek Comments on Status of Stable Value Contracts under Dodd-Frank Swaps Rules

The SEC and the Commodities Futures Trading Commission published in the Federal Register a request for comments to assist in conducting a… More

protected content

DOL Says Dodd-Frank Credit Rating Review Provisions Not Applicable to Individual PTEs

Issued in the form of a Frequently Asked Question, the Department of Labor advised that the individual prohibited transaction exemptions… More

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SEC Proposes Rules on Business Conduct Standards for Swaps

The Securities and Exchange Commission (SEC) on June 29 unanimously agreed to propose new rules establishing business conduct standards for… More

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CFTC Proposes Six Month Delay in Swaps Rulemaking Under Dodd-Frank

The Commodity Futures Trading Commission (CFTC) on June 14 proposed to delay for six months key swaps overnight rules until December 31,… More

More Regulatory Documents

Additional Resources

protected content Covington & Burling Memo on CFTC Final Rules on Business Conduct Standards

The Commodity Futures Trading Commission (CFTC) on January 11, 2012, approved final regulations related to business conduct standards for… More

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Covington & Burling Summaries of the Dodd-Frank Wall Street Reform and Consumer Protection Act

ERIC counsel Covington & Burling has prepared several client bulletins detailing specific provisions of the Dodd-Frank Act that we are… More

More Additional Resources

Press Releases

ERIC Urges Agencies to Clarify that Proposed Rules Do Not Inadvertently Limit Employee Benefit Plans Use of Swap Transactions

ERIC News Release For Immediate Release: February 22, 2011 Washington, D.C. -- The ERISA Industry Committee (ERIC) on February 22 submitted… More

More Press Releases