Dodd-Frank

European banks try to get around Dodd-Frank

Updated March 22 11:45 AM

For foreign banks, Dodd-Frank might have an escape hatch.

FORTUNE -- Foreign banks may have come up with a way to remain eligible for U.S. bailouts without having to follow some of the pesky rules that came out of the financial crisis, rules that were meant to prevent future taxpayer rescues.

Last month, German financial giant Deutsche Bank altered the legal structure of its U.S. operations so that MORE

Jamie Dimon: JPMorgan is still too small

JPMorgan CEO Jamie Dimon says his bank, the U.S.'s largest, may still be too small to succeed.

FORTUNE - Jamie Dimon can't be contained, at least not by Dodd-Frank.

At JPMorgan Chase's (JPM) annual investor day on Tuesday, CEO Dimon said he plans to continue to grow his bank, which is already the largest in the nation by assets, despite regulations and recent suggestions that JPMorgan might be worth more broken up. MORE

Can Wall Street thrive again?

The financial industry is besieged by protestors. It's also facing a slow-growth world and a wave of new regulation. In order to flourish again, the big firms must first change in painful ways.

By Geoff Colvin, senior editor-at-large

FORTUNE -- The brighter side of financial cataclysm wasn't easy to see in late 2008 -- the crisis was at its most acute, and no one knew if Armageddon lay ahead -- but Barney MORE

We need a new Volcker rule for banks

It's time for our financial institutions to get back to basics: making money off good customer service - not wild speculation.

By Sheila Bair, contributor

FORTUNE -- Financial reformers are pointing to the collapse of the $41 billion MF Global brokerage house as evidence of why we need Dodd-Frank's "Volcker Rule" to prohibit FDIC-insured banks and their affiliates from making proprietary bets on the markets. Fortunately, MF Global was not a bank or MORE

Why George Soros should be regulated, even now

George Soros is a victim of Dodd-Frank? Please. Instead of scaling back the rules, let's expand them -- and regulate his $25 billion family office.

FORTUNE -- Poor George Soros. Regulations have forced the swashbuckling hedge fund manager to return money to investors, shutter his hedge fund, and turn his fearsome investment operation into a mere "family office." What's the guy going to do for fun anymore?

Yesterday, Soros' sons Robert and MORE

Chewing on Dodd-Frank spaghetti

Today is Dodd-Frank's birthday.

Not that you forgot, but now it's time to celebrate with a late lunch of regulatory reform spaghetti, courtesy of the banking team at Deloitte:

Just 206 items in the 2,000-page-plus legislation are awaiting next steps, the Deloitte chart shows. The thing where the Securities and Exchange Commission has been charged with implementing this massive piece of legislation in a hurry at a time when its budget is being MORE

Not so fast on private equity registration

Private equity funds might not have to register with the SEC after all.

The SEC yesterday approved a new definition of "venture capital" funds, to legally distinguish such vehicles from private equity or hedge funds. Those qualifying as "venture capital" would be exempt from new registration requirements established by the Dodd-Frank financial reform bill. Everyone else would have to file.

Or would they?

Just as the SEC was announcing its rules, the House Financial MORE

Bank lobbyists' burden is heavy

It's a good thing the weekend is almost here, because the bank lobbyists are all tuckered out.

The Financial Services Roundtable, one of the big bank lobbying groups, said Friday it has filed 103 comment letters on the Dodd-Frank Act. That is up from an annual average of 13 letters previously, the tuckered-out lobbyists said.

Cynics might think of this tidal wave of helpful hints as yet another way the bankers frustrate MORE

Hedge fund regulation? What hedge fund regulation?

Thousands of hedge funds and private equity firms were supposed to file with the SEC to meet new requirements by Dodd-Frank by now. Instead, no one seems to know what's going on.

By Rob Curran, contributor

FORTUNE -- When the Dodd-Frank reform bill was signed last summer, hedge funds and private equity firms fretted over the prospect of being really regulated for the first time. But a year later, it's become clear MORE

Are big banks doomed to fail?

Why big banks' plan to break up in a crisis won't work.

FORTUNE -- Have you ever watched something unfold, knowing that it hasn't got a prayer of succeeding?

Then you understand how I feel about the provision in the Dodd-Frank financial reform legislation that would supposedly avoid future federal bailouts by requiring giant financial institutions to draw up so-called living wills.

These "wills," which banks are currently discussing informally with regulators, are MORE