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Interest Rates
- US: H15 -0.41 2011-04-28 FRB Market yield on U.S. Treasury securities at 5-year constant maturity, quoted on investment basis, inflation-indexed
- US: H15 0.09 2011-04-28 FRB Federal funds effective rate
- US: H15 0.12 2011-04-28 FRB 30-Day AA Nonfinancial Commercial Paper Interest Rate
- US: H15 1.27 2011-04-28 FRB Rate paid by fixed-rate payer on an interest rate swap with maturity of three year.
- US: H15 0.16 2011-04-28 FRB 60-Day AA Nonfinancial Commercial Paper Interest Rate
Trade (FTC)
- FTC Offers Online Game with Consumer Tips for Mother's DayJust in time for Mother’s Day, the Federal Trade Commission is offering an online matching game celebrating moms. […]
- FTC Offers Online Game with Consumer Tips for Mother's Day
Commerce News
- Federal Register Notice: Commerce Spectrum Management Advisory Committee MeetingThe Commerce Spectrum Management Advisory Committee will meet May 25, 2011, from 9 a.m. to 12 p.m., in Washington, D.C. The Committee will discuss its work plan for the next two-year period including advice regarding accomplishment of the President's ten-year goal to identify 500 megahertz for wireless broadband. (190 KB PDF file) […]
- Federal Register Notice: Commerce Spectrum Management Advisory Committee Meeting
Small Business News
- Letter dated 4/28/11 - Department of Homeland Security, U.S. Citizenship and Immigration ServicesLanding page summary: Registration Requirement for Petitioners Seeking to File H-1B Petitions on Behalf of Aliens Subject to Numerical Limitations April 28, 2011 Printer Friendly Version read more […]
- Letter dated 4/28/11 - Department of Homeland Security, U.S. Citizenship and Immigration Services
Monetary Policy
Cost Estimates
- H.R. 1230, Restarting American Offshore Leasing Now ActCost estimate for the bill as ordered reported by the House Committee on Natural Resources on April 13, 2011 […]
- S. 762, Federal Acquisition Institute Improvement Act of 2011Cost estimate for the bill as ordered reported by the Senate Committee on Homeland Security and Governmental Affairs on April 13, 2011 […]
- H.R. 1229, Putting the Gulf of Mexico Back to Work ActCost estimate for the bill as ordered reported by the House Committee on Natural Resources on April 13, 2011 […]
- H.R. 1230, Restarting American Offshore Leasing Now Act
Banking
- OCC Appoints Receiver for First National Bank of Central FloridaThe Office of the Comptroller of the Currency (OCC) today appointed the Federal Deposit Insurance Corporation (FDIC) as receiver for First National Bank of Central Florida, Winter Park, Florida. […]
- OCC Appoints Receiver for First National Bank of Central Florida
Resolution Plan Reporting
Large, systemically significant bank holding companies and nonbank financial companies would be required to submit annual resolution plans and quarterly credit exposure reports under a rule proposed by the Federal Reserve Board and the Federal Deposit Insurance Corporation.
The agencies are requesting comment by June 10, 2011, on the proposal, which would implement requirements of the Dodd-Frank Wall Street Reform and Consumer Protection Act. The requirements apply to bank holding companies with total consolidated assets of $50 billion or more and nonbank financial companies designated by the Financial Stability Oversight Council for supervision by the Board.
The annual resolution plan would be required to describe the company’s strategy for rapid and orderly resolution in bankruptcy during times of financial distress. A company would also have to describe how resolution planning and oversight of the resolution planning process fits into the company’s overall governance structure. In addition, it would be required to include a detailed listing and description of all significant interconnections and interdependencies among major business lines and operations of the company that, if disrupted, would materially affect the funding or operations of the company or its major operations.
The quarterly credit exposure report would be required to describe the nature and extent of the company’s credit exposure to other large financial companies, as well as the nature and extent of credit exposure by other large financial companies to the company. The credit exposure report would be required to include information related to the aggregate credit exposure associated with a range of transactions.