Jacob Andrew Lutz, III

Federal Reserve Releases Proposed Incentive Compensation Guidelines for Banking Organizations
Jacob Andrew Lutz, Fred W. Palmore, Thomas O. Powell, Jerome Walker, Seth A. Winter, October 28, 2009
On October 22, 2009, the Board of Governors of the Federal Reserve System (Federal Reserve) released proposed incentive compensation guidelines that would apply to all banking organizations under the Federal Reserve's supervision. These guidelines aim to ensure that banking organizations'...

President Obama Announces New Efforts to Support Community Bank Lending to Small Businesses
Jacob Andrew Lutz, Fred W. Palmore, Thomas O. Powell, Seth A. Winter, October 28, 2009
On October 21, 2009, President Obama announced a series of measures aimed at improving access to credit by small businesses. These programs would provide lower-cost capital to community banks and would increase the maximum Small Business Administration (SBA) loan sizes. Importantly, only the...

Federal Reserve Announces Policy on Consumer Compliance Supervision for Nonbank Subsidiaries of Bank Holding Companies
Jacob Andrew Lutz, Thomas O. Powell, Jerome Walker, Seth A. Winter, October 27, 2009
The Federal Reserve Board has announced in Consumer Affairs Letter 09-8 that it will implement a consumer compliance supervision program involving nonbank subsidiaries of bank holding companies (BHCs) and foreign banking organizations (FBOs). This compliance supervision program will include...