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On May 24, 2018, President Trump signed into law the Economic Growth, Regulatory Relief, and Consumer Protection Act (the “Reform Act”), the most significant financial reform legislation since the landmark Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. While this is not a complete roll-back of regulations imposed in 2010, the Reform Act provides regulators with tools to differentiate supervision according to the size and complexity of each bank.
In this One-Hour Briefing, Lee A. Meyerson of Simpson Thacher & Bartlett LLP and William J. Sweet, Jr. of Skadden, Arps, Slate, Meagher & Flom LLP will:
- Provide a comprehensive overview of the Reform Act;
- Discuss what this means for banks, both large and small; and
- Provide an update on other pending regulatory relief initiatives.
Program Level: Update
Intended Audience: Lawyers and compliance professionals in the domestic and international banking industry
Prerequisites: A background in legal or compliance work in the banking and financial industry with engagement with the Dodd-Frank Act and related financial regulation
Advanced Preparation: None