Tag Archives: leveraged lending

Deputy AG Cautions on Using Regulatory Guidance as Policy

In a speech to a banking industry conference today, Deputy Attorney General Rod Rosenstein cautioned regulatory agency heads from substituting informal guidance for notice-and-comment rulemaking, noting that the Administrative Procedures Act provides a clear method for “promulgating regulations that reflect our official interpretation of application of certain laws.”

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Studies: Obama-Era Rules May Hinder Growth and Harm Competition

The first broad-scale academic assessment of new financial rules and standards put in place during the Obama presidency -- including the Dodd-Frank Act, Basel III and the CARD Act -- finds “causes for concern” about the impact of the rules on growth, credit availability and competition.

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