by Keith Noreika and Chris Beckmann | Aug 15, 2022 | Patomak Post
Senators ask the Office of the Comptroller of the Currency (OCC) to rescind interpretive letters clarifying banks’ authority to engage in crypto-related activities. Despite efforts adding controls to crypto activities, senators still believe crypto-related activities...
by Keith Noreika, Chris Beckmann and Cana Cossin | Aug 5, 2022 | Patomak Post
Updated statement signals concern from agencies about the impact of slowing economy on CRE lenders and borrowers. Proposed statement affirms that lenders will not be criticized for implementing certain CRE loan workouts and accommodations. Agencies will not adversely...
by Keith Noreika, Chris Beckmann and Cana Cossin | Aug 2, 2022 | Patomak Post
FDIC fact sheet states that only deposits at insured banks and savings associations are insured in the event of an insured institution’s failure. Deposit insurance does not apply to financial products such as stocks, bonds, money market mutual funds, securities,...
by Paul Atkins, Adam Glazer and Chris Beckmann | Mar 22, 2022 | Patomak Post
Background On 21 March, the U.S. Securities and Exchange Commission (“SEC”) held an open meeting to consider proposed rules which would require public companies to disclose additional climate-related information. The agency voted to officially propose the rules in a...
by Ted Serafini and Chris Beckmann | Jan 5, 2022 | Patomak Post
Even though there’s no policy consensus for cryptocurrency regulation as 2022 kicks off, the cryptocurrency community’s engagement with policymakers in 2021 had a positive effect in Washington – that’s Patomak’s takeaway from recent hearings in the House Financial...
