Katherine Kane

"The Sarbanes-Oxley Act of 2002 included a provision protecting whistleblowers at publicly traded companies from retaliation. Dodd-Frank spelled out that the provision also protects employees of wholly owned subsidiaries of public companies. The question remained, however, whether that protection applies retroactively,” writes law.com.

The qualified mortgage definition was the topic of a House subcommittee hearing on Wednesday, part of a six-hearing campaign by Republicans challenging Dodd-Frank.

Gearing up for the two-year anniversary of Dodd-Frank House Republican's launched a campaign "to convince the electorate that Dodd-Frank's rules are hurting everyday Americans rather than just the financial sector,” writes American Banker’s Kevin Wack.

The Consumer Financial Protection Bureau proposed two new rules regarding mortgages. One is intended to simply mortgage forms and disclosures. The second would lower broaden the definition of a "high-cost loan" and tighten the rules for them.

Dodd-Frank rules on swaps can move forward now that the U.S. Commodity Futures Trading Commission voted on the definition of such trades.

The Consumer Financial Protection Bureau has made two significant decisions for examinations: to hire a large portion of examiners from outside of the other federal financial regulatory agencies and to bring lawyers along at the beginning.

Impending rules on how banks must handle certain transactions is one of the main factors prompting JPMorgan to combine units. Parts of the company handling securities, derivatives and back-end support started functioning as one group on Friday.

The U.S. Commodity Futures Trading Commission is scheduled Tuesday to consider whether banks with under $10 billion in assets will be exempt from Dodd-Frank requirements to conduct swap trades through clearinghouses.

The House Financial Services Committee is holding two Dodd-Frank related hearings next week as part of Republican members’ agenda to eventually repeal the legislation, according to The Hill’s Floor Action Blog. Sounds kind of a like a not-so-happy birthday celebration for the act, which was passed in July 2010.

Nine of the largest, most complex financial institutions recently submitted living wills, plans required by Dodd-Frank detailing how they could unwind themselves facing a failure, to regulators.

The two year anniversary of the signing of the Dodd-Frank Wall Street Reform and Consumer Protection Act is approaching and many rules required by the legislation still remain unwritten, according to a report from the law firm Davis Polk.

David Hirschmann, the president and chief executive of the U.S. Chamber of Commerce's Center for Capital Markets Competitiveness, has some suggestions for Richard Cordray. In a letter to the CFPB director he "cited concerns about the new 'abusive' standard that was added to the Dodd-Frank Act, along with the already statutory terms 'unfair and deceptive practices,'" writes American Banker’s Rob Blackwell.

Dodd-Frank has had "crushing impact" on banks and businesses according report from the Georgia Public Policy Foundation and the Competitive Enterprise Institute.

Bankers are concerned about how sharing information with the Consumer Financial Protection Agency will affect client confidentiality. "Typically, information given to a third party loses attorney-client privilege, and prior legislation formally exempted the other bank regulators from that rule," writes American Banker's Joe Adler. "But Dodd-Frank did not expressly include the CFPB in that exemption.”

Two years into Dodd-Frank implementation, how is compliance going from an information technology perspective? Banks still have plenty of IT challenges to work through, agree consultants in a collection of mini-essays presented by Bank Systems & Technology. Curiously the lone voice of optimism the mix comes from a bank CEO.

Payday and advance deposit loans have been getting a lot of regulatory attention recently.

Rep. Barney Frank says the Supreme Court's ruling on Thursday to uphold President Obama's healthcare reform legislation gives a bleak outlook for legal opposition to Obama's other major piece of legislation: the Dodd-Frank Act.

The Consumer Financial Protection Bureau, which is required under Dodd-Frank to study the reverse mortgage sector, has found that the products "are not being used as intended, with increasingly younger borrowers taking out larger pots of money rather than gradual income streams to help finance their later years," writes American Banker's Joe Adler in his coverage of the bureau's report.

John C. Dugan, former comptroller of the currency, and T. Timothy Ryan Jr., former director of the Office of Thrift Supervision, insist that, despite some recent assertions to the contrary, the Dodd-Frank Act really does put end to the too-big-to-fail status of big banks.

The California Supreme Court last week ruled in favor of preemption in a financial services case. The issue doesn't directly involve the Dodd-Frank Act, but has implications for its role in the preemption of state banking laws.