Bank Law Monitor

Bank Law Monitor

A Legal Blog for the Financial Services Industry

Tag Archives: SEC

The SEC’s New Pay Ratio Rule

Posted in Trending News
The Securities and Exchange Commission (SEC) recently adopted a new executive compensation disclosure requirement which will require comparison of the compensation of a company’s CEO to that of a “median employee” of the company. The pay ratio rule is seemingly simple—compare the CEO’s compensation to that of a median employee, expressed as a ratio. But… Continue Reading

Bank Regulatory Agencies Develop Automated Tool to Calculate Risk-Based Capital Requirements for Securitizations

Posted in Basel III, Compliance Resources, Regulatory Developments
Today, the Office of the Comptroller of the Currency (“OCC”) issued a regulatory capital bulletin (“Bulletin”) stating that the OCC, the Federal Reserve Board, and the Federal Deposit Insurance Corporation have developed an automated tool to help national banks and federal savings associations calculate risk-based capital requirements for securitization exposures.   This automated tool is not… Continue Reading

Final Rules relating to Regulation AB II Unanimously Adopted by the SEC

Posted in Regulation AB, Regulatory Developments
On August 27, 2014, the SEC unanimously adopted the final rules under Regulation AB that substantially revises the offering process, disclosure and reporting requirements for registered offerings of asset-backed securities. While the rules implement many key reforms, the SEC deferred taking action on several aspects of its original rule proposals. For a copy of the… Continue Reading