Posts by Maria Dadonova

REGULATORY DEVELOPMENT Agencies Propose Changes to Modify Volcker Rule “Covered Funds” Restrictions On January 30, five federal financial regulatory agencies (the Federal Reserve, CFTC, FDIC, OCC and SEC) released a proposal to modify regulations implementing the Volcker Rule’s general prohibition on banking entities investing in or sponsoring hedge funds or private equity funds. According to…

JUDICIAL DEVELOPMENT Athene vs. American General – COLI SVP Litigation Update On December 18, the Delaware Superior Court held oral arguments on American General’s (Defendant) Motion to Dismiss. Athene Annuity and Life Company (Plaintiff) presented a demonstrative exhibit to the Court providing a high-level overview of its primary arguments. Noteworthy points include Docket: Delaware Superior…