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Editor: Lucy H. Griffin

Board of Advisors:
John S. Byrne, Esq.
David Battle
Robert P. Chamness
David Dickinson
Phillips G. Gay, Jr.
Barbara Hurst
Michael D. Maher
Robert G. Rowe, III
Andy Zavoina

Vol. 15, No. 9
July 26, 2010

Acrobat Version: Vol 15, No 9 (pdf)

Executive Editor:       Lucy H. Griffin, Esq.
Board of Advisors:
John S. Byrne, Esq.
David Battle
Robert P. Chamness
David Dickinson
Phillips G. Gay, Jr.
Barbara Hurst
Michael D. Maher
Robert G. Rowe, III, Esq.
Andy Zavoina

Table of Contents (read Recent Issues)

Credit Cards: Final Rules on Fees & Penalties (4 Action Steps)
When assessing credit card penalty fees, there may be a difference between influencing consumer behavior and managing risk.

Compensation and Motivation: Agency Guidance (4 Action Steps)
Incentive compensation should balance risk and results in a manner that is consistent with safe and sound operation.

Mortgage Reform and Anti-Predatory Lending Act: Compliance Issues (Chart)
The Dodd-Frank Financial Reform Act contains significant changes to mortgage lending rules and disclosures.

Compliance Notes Compliance Calendar

In the Editor's Opinion: Summertime, and the Livin' Is...
Instead of slowing down with the lazy days of summer, regulatory compliance today knows no seasons.

Compliance Q&A