U.S. Treasury Department

Weil’s Paul Ferrillo has published an interesting article (“Dodd-Frank & Corporate Investigations: Should D&O Insurance Cover The Cost?”) with PropertyCasualty360.com that views directors and officers liability insurance from the context of Dodd-Frank. Ferrillo asks timely questions: Should complex internal investigations, such as those concerning whistleblower allegations, be covered under a company’s preexisting directors and officers liability insurance coverage? Why is such a consideration important?

by Michael Lyle, Heath Tarbert, and Sunny Thompson

On July 21, 2010, President Obama signed into law the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank” or “the Act”), which was passed in direct response to the global financial crisis.  Just one year later, that Act – representing the most comprehensive package of reforms since the Great Depression – has already begun altering the regulatory landscape for banks, investment funds, securities firms, and publicly listed companies outside the financial sector.  But the most significant changes are yet to come. [click to continue…]

The Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank or the Act) was enacted one year ago. At that time, it was heralded as perhaps the most dramatic set of regulatory reforms since the 1930s. The Act was expected to have significant effects in both the short and long term. Dodd-Frank’s provisions, however, are not confined to the US market. The Act is intended to have significant implications for non-US companies doing business in the United States or whose securities are listed on a US stock exchange. What is more, the Act purports to regulate certain transactions and entities with little direct connection to the United States.