February 1, 2017
CSFME's Executive Director Ed Blount will conduct the keynote interview at the IMN 23rd Annual Beneficial Owners’ International Securities Finance & Collateral Management Conference in Fort Lauderdale, Florida.
In an article in the RMA Journal, CSFME’s Executive Director Ed Blount examines how regulators’ reliance on models that failed to account for the complexity of global finance may have unleashed forces more damaging than those their regulatory reforms were targeted to prevent.
In response to a call from the FDIC for research on financial sector policy and regulation, the Center submitted a paper modeling the indirect costs to markets of bank regulatory reform.
May 16, 2016
CSFME principals provided expert testimony regarding fiduciary standards applicable to a major bank's management of a client's custom collateral account in a case before the Superior Court of the State of California for the County of Los Angeles
April 27, 2016
ROSE Program students visit the Federal Reserve, Treasury Department, and FINRA
March of 2016
CSFME submitted a comment letter to the Bank for International Settlement's (BIS) December 2015 consultative document regarding step in risk.
May 22, 2015
CSFME principals provided expert testimony regarding contractual indemnity limits and the scope of fiduciary duties of cash managers in a case before the Circuit Court of Cole County Missouri
April 16, 2015
ROSE Program students visit the Federal Reserve in Washington, DC
CSFME principals provided expert testimony in a case before the U.S. District Court for the Northern District of Illinois on industry banking and collateral management standards and practices relevant to the certification of a class action.
February 12, 2015
CSFME submitted a comment letter in response to the Financial Stability Board’s November 2014 consultative document, Standards and Processes for Global Securities Financing Data Collection and Aggregation
July 1, 2014
CSFME principals provided testimony regarding suitability of complex financial instruments for client accounts and effectiveness of bank automated and manual internal controls in a case before the U.S. District Court for the District of Minnesota
ROSE Program students visit the Federal Reserve and SEC in Washington, DC
CSFME provided data for this study as well as comments and feedback a paper in the Spring 2013 issue of The Journal of Financial Research by Shane M. Moser, Bonnie F. Van Ness, and Robert A. Van Ness of The University of Mississippi investigating the securities lending market around proxy record dates for evidence of proxy abuse. (full paper)
ROSE Program students met in Washington, DC with officials at the U.S. Treasury, Office of Management and Budget, Federal Reserve Board, and the Securities and Exchange Commission.
December 17, 2012
CSFME principals provided expert testimony on the scope of a bank fiduciary's duty with regard to management of client cash collateral in a case before the U.S. District Court for the Northern District of Illinois
August 20, 2012
CSFME principals provided expert testimony before the U.S. Bankruptcy Court for the Southern District of New York in a matter involving recapture of tax credits related to cross-border dividend arbitrage activities of a major investment bank
August 13, 2012
CSFME principals provided expert testimony regarding standard of care of financial fiduciaries for credit review and suitability of complex financial vehicles in a case before the United States District Court for the District of Nebraska
April 11, 2012
CSFME principals provided expert testimony on suitabiity standards related to investments in mortgage-backed securities in a case before the Twelfth Judicial Circuit for Sarasota County, Florida
March 23, 2012
CSFME principals provided expert testimony on interpretation of contractual revenue sharing arrangements in a case before the U.S. District Court of Massachusetts
February 24, 2012
CSFME principals provided expert testimony on the interpretation of contractual investment guidelines and the scope of fiduciaries' investment discretion in a case before the U.S. District Court for the Central District of California, Southern Division
February 16, 2012
CSFME principals provided expert testimony on fiduciary standards of care with regard to suitability and balancing the interests of competing beneficiaries in a case before the U.S. District Court for the Southern District of New York
February 3, 2012
CSFME principals provided expert testimony regarding the scope of financial fiduciaries' duties to monitor liquidity, concentration, and overall portfolio risk in a case before the U.S. District Court for the Middle District of Florida
January 29-31, 2012
CSFME Managing Director Ed Blount's Presentation to IMN’s 18th Annual International Beneficial Owners’ Securities Lending Summit
CSFME announces a live pilot of Lender Directed Voting for the 2012 proxy season.
September 2, 2011
CSFME submits a letter to the New York Stock Exchange detailing the benefits and legal considerations of Lender-Directed Voting.
March 16, 2011.
“Risks and Responsibilities in Securities Lending” by Ed Blount, Testimony to the United States Senate Special Committee on Aging
CSFME partnered with RMA to publish "Borrowed Proxy Abuse: Real or Not?: A Report to Market Participants and Regulators Regarding Proxy Voting Practices and Issues.”
September 29, 2009
In his statement before the U.S. Securities and Exchange Commission's roundtable on securities lending, CSFME's Executive Director Ed Blount outlined the Center's research findings regarding cash collateral reinvestment, borrower default, lending agent compensation and fee splits, and proxy voting.