Today the American Bankers Association will publish its Summary and Analysis of the Regulatory Reform Conference Report. The project will provide detailed summaries of each title of the Dodd-Frank Wall Street Reform and Consumer Protection Act conference report, as well as analysis of which entities will be affected and how. The conference report has been approved by the House on June 30 and is now awaiting Senate action.
Thomas Vartanian, who recently joined Dechert LLP, and a team of twenty-two Dechert LLP attorneys led the American Bankers Association effort, preparing the summary and providing the analysis of the proposed supervisory structure for the United States financial system, including the role of the new Financial Stability Oversight Council and the expanded role of the Federal Reserve.
