Now that the Dodd Frank Act is expected to be enacted, attention turns to how this legislation will affect the financial services industry. Will it fundamentally change the industry in the same way that Glass-Steagall, the FDIC Act, and the groundbreaking securities laws did during the Depression era? With more than 200 rulemakings still to be issued, countless research studies to be conducted, and a Financial Stability Oversight Council to be formed, the bill’s enactment alone will not provide all of the answers.
Reed Smith is planning to conduct a series of teleseminars about the new bill, with the first session on Tuesday, July 20, at 12 pm Eastern. A panel of regulatory authorities and former general counsel will provide a summary of the legislation and discuss the following topics:
- Will this law be the game-changer everyone expects? What will the impact be for the financial services industry?
- What impact will the financial reform legislation have on banks and investors outside the United States?
- Who will be the new regulators? Who will be among the newly regulated?
- Has the legislation addressed the issue of “too big to fail”?
Michael Bleier, former general counsel of Mellon and now a partner in our regulatory practice, will moderate the panel. Panelists will include William Mutterperl, former vice chairman of PNC, Jacqui Hatfield, a partner in Reed Smith’s financial services regulatory practice, and Reed Smith partners Stephen Keen and Andrew Cross from our investment management practice.
If you’d like to attend this program, just click here to register.