With Pending Bill, Emigrant Takes Law into Own Hands

Wack, Kevin
May 2012
American Banker;5/30/2012, p1
Trade Publication
The article discusses a one-sentence legislative bill which the U.S. House Financial Services Committee is expected to vote on before June 1, 2012. The legislation titled "A bill to amend the Dodd-Frank Wall Street Reform and Consumer Protection Act to adjust the date on which consolidated assets are determined for purposes of exempting certain instruments of smaller institutions from capital deductions" benefits only one U.S. financial institution, Emigrant Bank of New York.


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