Public Policy behind Sec. 619 The public policy behind the Volcker Rule is fairly apparent. As the Chairman of the Federal Reserve from 1979-87, Paul Volcker (and the rule that bears his name) seeks a nostalgic return to a time when he was directing US monetary...
Legislative Intent and History Behind Section 619 Section 619(b) declares that no later than six months after the enactment of this section, the Financial Stability Oversight Council (“FSOC”) shall study and make recommendations on implementing the provisions of this...
Legislative Intent And Section 342 The social aims of section 342 were heavily advocated by US Representative Maxine Waters.. There is no question that the goals of the OMWI are noble and should be lauded; and diversity in the workplace is shown to foster an...
TOPIC II: Section 342. New offices of minority and women inclusion Plain Meaning Of Section 342 Section 342 of Dodd-Frank creates a new Office of Minority and Women Inclusion (OMWI) at 20 different federal agencies. Section 342(a)(1)(A) broadly proclaims that as of...
Part 2 Legislative Intent Behind Section 953 This Act is not the first time Congress has attempted to address matters of executive compensation. As recently as 2002, Congress passed Public Law Number 106-204 resulting in the enactment of the Sarbanes-Oxley Act (“Sox”...
