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The Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA), is a United States federal law enacted in the wake of the savings and loan crisis of the 1980s. It established the Resolution Trust Corporation to close hundreds of insolvent thrifts and provided funds to pay out insurance to their depositors.
In this list of financial regulatory and supervisory authorities, central banks are only listed where they act as direct supervisors of individual financial firms, and competition authorities and takeover panels are not listed unless they are set up exclusively for financial services.
The SEC filing is a financial statement or other formal document submitted to the U.S. Securities and Exchange Commission (SEC). Public companies , certain insiders, and broker-dealers are required to make regular SEC filings.
On August 9, 1989, the proposals brought by Bush were passed essentially unchanged as the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 into law. [81] Many other regulatory provisions were also included, such as risk-based capital applied to thrifts, re-imposition of restrictions on thrifts' non-residential mortgage ...
Savings and Loan legislation—the Financial Institutions Reform, Recovery and Enforcement Act of 1989—"abolished", [4] or renamed, the independent Federal Home Loan Bank Board to the Office of Thrift Supervision and placed it under Department of the Treasury supervision. [5]
The auditing firm for Trump Media and the auditor’s owner were charged Friday with “massive fraud” by the Securities and Exchange Commission for work that affected more than 1,500 SEC ...
Co-operative Societies Act 1993 [Act 502] Status: In force The Development Financial Institutions Act 2002 ( Malay : Akta Institusi Kewangan Pembangunan 2002 ), is a Malaysian law which enacted to make provisions for the regulation and supervision of development financial institutions and for matters connected therewith.
The Securities Exchange Act of 1934 requires all companies under SEC jurisdiction to file an annual audit and have quarterly review of financial statements. While the 1933 Act creates liability only to those investors involved in the initial distribution of public offerings, the 1934 Act increases that responsibility to subsequent purchasers ...