Log In

Financial Services Blog

Recent Posts

  • Blog: Waller Law BlogMetro Nashville Beer Board announced temporary beer permit chargePosted on September 19, 2018 by William T. Cheek III
    READ FULL ARTICLE
  • Blog: NextGen Financial Services ReportFederal Financial Regulators Clarify Supervisory Guidance Not “Force of Law”Posted on September 17, 2018 by Jerry G. Sanchez
    Generally In an important joint statement issued on September 11, 2018, the federal financial regulatory agencies (the FDIC, the OCC, the Federal Reserve, the NCUA, and the CFPB) clarified the role of supervisory guidance, stating that supervisory guidance “does not have the force and effect of law.” Community and regional banks and other regulated financial...Continue Reading…
    READ FULL ARTICLE
  • Blog: Broker-Dealer Law CornerAmeriprise Learns The Hard Lesson That To Be Deemed “Reasonable,” A Supervisory System Actually Has To WorkPosted on August 16, 2018 by Alan Wolper
    A little over a year ago, I blogged about a FINRA Enforcement action against an Ameriprise rep – but, notably, not Ameriprise – to highlight what a great job the firm did in ensuring that its sales force was not engaging in any undisclosed outside business activities.  It had a robust supervisory procedure, with multiple...… Continue Reading
    READ FULL ARTICLE
  • Blog: Antitrust UpdateSupreme Court Grants Apple’s Petition To Take Major Antitrust Standing CasePosted on August 5, 2018 by Daniel A. Friedman, Jonathan H. Hatch
    The Supreme Court has granted certiorari and will hear, next term, an appeal from Ninth Circuit’s decision in In re Apple iPhone Antitrust Litigation, a case we previously reported on. In In re Apple iPhone, the Ninth Circuit held that because Apple sold iPhone apps directly to consumers, consumers are direct purchasers that have standing [...]
    READ FULL ARTICLE
  • Blog: Capital Markets LitigationFlattening Yield Curve Signals Looming Recession, Some SayPosted on July 2, 2018 by Alexandra Droz and Carly Coleman
    Recently, investors and economists have focused increased attention on bond market yield curves, which have proven to be a compelling predictor of an upcoming economic recession. The yield curve is the measure of the difference between short-term and long-term interest rates on government bonds.  In a healthy economy, interest rates on long-term (typically, ten-year) bonds...… Continue Reading
    READ FULL ARTICLE
  • Blog: Banking on This: Spilman Mortgage & Consumer Banking ReportFDCPA Violations Begin When the Violation OccursPosted on May 17, 2018 by Spilman Administrator
    On Tuesday, the United States Court of Appeals for the Third Circuit departed from opinions issued by the Fourth and Ninth Circuits in ruling that violations of the FDCPA begin to run when the violation occurs. In Rotkiske v. Klemm, et al., plaintiff Rotkiske sued a law firm that, in 2009, had obtained a default […]
    READ FULL ARTICLE

WSG's members are independent firms and are not affiliated in the joint practice of professional services. Each member exercises its own individual judgments on all client matters.

HOME | SITE MAP | GLANCE | DISCLAIMER |  © World Services Group, 2018