July 9, 2012 | American Banker by Katherine Kane
The article anticipates the CFTC grant of an exemption from the Dodd-Frank Act clearing requirements for banks under $10 billion in assets. Diana is cited as advocating for a risk-based measurement for any exemption because it will better reflect potential market risk.
July 6, 2012 | Bloomberg News by Silla Brush
The article provides an overview of the role of clearing and the Dodd-Frank Act mandate to move most swaps to clearinghouses. It forecasted an exemption for banks with less than $10 billion in assets that use swaps to hedge and mitigate risk. Diana is quoted as advocating for a risk-based measurement because it will better reflect potential market risk.
June 1, 2012 | Banking Exchange by Steve Cocheo
The Jumpstart Our Business Startups Act (JOBS Act) enacted in April 2012 raised the shareholder registration and deregistration thresholds for banks. Now community banks with fewer than 2,000 shareholders of record do not need to register to become a public company and those with less than 1,200 can deregister. Diana moderated a recorded telephone briefing about issues bank boards should consider before going private, including costs, market liquidity, and impact on future capital raising.
March 2012 | Conference of State Bank Supervisors (CSBS)
Diana provided formal training for state bank supervisors about the Dodd-Frank Act mandated new regulatory framework for the swaps markets. The presentation included background information about regulations and pending federal and state legislation. She focused on the measurement of credit exposure now included in lending limits for both national and state-chartered banks, single counterparty credit limits, margin requirements, affiliate transactions, and more.
February 14, 2012 | American Bankers Association (ABA)
The ABA urged the CFTC not to extend the Dodd-Frank Act swap dealer exemption for swaps entered into in connection with originating loans to the federal Farm Credit System (FCS). The statutory exemption is available only to insured depository institutions as defined in the Federal Deposit Insurance Act, which does not include the FCS. The CFTC limited the exemption to banks and savings associations.
November 4, 2011 | American Bar Association
In the full committee meeting of the Business Law Section Banking Law Committee (BLC), Diana gave a presentation about the new regulatory framework for the swaps markets mandated by the Dodd-Frank Act. She provided an overview of dozens of pending rules and related pending legislation. Her focus was on clearing and margin requirements, registration and regulation of market participants, transaction reporting, push-out of certain derivatives from the most active banks, and international implications.
