In this issue of CFWD we discuss:

- Statement of the SEC Concerning Financial Penalties
- Brian Cartwright Named SEC General Counsel 
- Fed Announces Final Reg E Rules Governing Electronic Checks and Payroll Cards
- Federal Banking Agencies Propose Guidance on Non-Traditional Mortgage Products
- SEC Won’t Sue Putnam Fiduciary Trust Company
- Family Investment Companies Seek Exemption from Limitations on Performance Fees
- Sarbanes-Oxley’s Extension of Limitations Period Not Retroactive
- Contract Enforceable Where No Evidence of Impossibility of Performance
- FinCEN Announces Foreign Correspondent Due Diligence Rules