To our clients and friends: The Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency and the Financial Crimes Enforcement Network, in consultation with the Conference of State Bank Supervisors, issued a joint statement today clarifying the legal status of hemp and the… Read more »
Posts By: tames
Gary Lax and Jeff Cardone presented at Crowe’s 2019 Financial Services Conference
Gary Lax and Jeff Cardone presented at Crowe’s 2019 Financial Services Conference on November 22, 2019 in New York City. The presentation titled “Hot Topics” focused on compensation and M&A trends and regulatory developments impacting financial institutions.
Jeff Cardone presented at M&T Bank’s and The Bonadio Group’s 2019 Financial Institutions Seminar
Jeff Cardone presented at M&T Bank’s and The Bonadio Group’s 2019 Financial Institutions Seminar on November 12 and November 13, 2019 in Syracuse and Albany, NY. The presentation titled “Next Steps – Different Alternatives to Raise Capital, Merge, Acquire or Be Acquired” discussed different capital alternatives for community banks, including the new Community Bank Leverage… Read more »
Alert – Community Bank Leverage Ratio Final Rule
To our clients and friends: On October 29, 2019, the Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation (the “Federal Agencies”) adopted a final rule to simplify the regulatory capital requirements for eligible community banks and holding companies that opt into… Read more »
USDA Releases Regulation on State Establishment of Hemp Production Program
To our clients and friends: On October 29, 2019, the U.S. Department of Agriculture (“USDA”) released its interim final regulation regarding the establishment of hemp production programs by States and Indian Tribes. The regulation becomes effective upon its publication in the Federal Register, which is expected to occur shortly. The USDA regulation requires a State… Read more »