On July 21, 2010, President Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act into law, implementing the most comprehensive reform of the U.S. financial regulatory framework in generations. O'Melveny & Myers has published two client alerts regarding this important legislation. Click here to read the client alert that provides a summary of key provisions of the Act that will impact each public company's proxy disclosure, proxy procedures, and corporate governance practices. Click here to read the client alert that provides a high level summary of the provisions of the Act important to financial services industry companies, including the Volcker Rule, the newly-established Consumer Financial Protection Bureau, systemic risk regulation, investment adviser registration requirements, interchange rate regulation, changes for swaps and derivatives businesses, and developments affecting securitization and credit rating agencies.
Click here for more information on the Act's impact on public companies.Click here for more information on the Act's impact on financial services companies.
O'Melveny & Myers LLP routinely provides advice to clients on complex transactions in which these issues may arise, including finance, mergers and acquisitions, and licensing arrangements. If you have any questions about the operation of the applicable statutory provisions or the case law interpreting these provisions, please contact any of the attorneys listed on this alert.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.