by David Schwartz J.D. CPA | Jan 19, 2021 | All, Commentary, Cross-Post, Disclosure Regimes
A Twenty-Year Journey to Transparency To view as a Interactive Presentation use this LINK Securities lending has proven the most challenging aspect of shadow banking for regulators to bring under a regulatory rubric. One of the most vexing aspects for regulators has...
by David Schwartz J.D. CPA | Dec 19, 2020 | All, Cross-Post, Lender Directed Voting
On Friday, December 11, the Department of Labor (DOL) issued its final rules on proxy voting by ERISA fiduciaries. As proposed last August 30, the draft rules drew hundreds of responses by the ESG-directed investing community, many of which criticized the proposal as...
by David Schwartz J.D. CPA | Dec 1, 2020 | Commentary, Cross-Post
Shadow banking is history, say banking leaders, a thing of the past. New compliance and risk management systems based on the Securities Finance Transaction Regulation (SFTR) and the industry’s evolving Common Domain Model (CDM) will enable financial service providers...
by David Schwartz J.D. CPA | Oct 29, 2020 | All, Formal Regulatory Remedies
Today the Department of Labor (DOL) issued final rules clarifying the regulatory guideposts for fiduciaries of private-sector retirement and other employee benefit plans in light of recent trends involving environmental, social, and governance (ESG) investing. The DOL...
by David Schwartz J.D. CPA | Oct 19, 2020 | All, Commentary, Cross-Post, Disclosure Regimes
Sustainable investing is becoming more important to investors when creating portfolios. As a result, institutions often follow policies with formal environmental, social, and governance (ESG) factors to guide their investments. They commit substantial resources to ESG...
