by David Schwartz J.D. CPA | Jun 19, 2017 | All, Change Overview and Rationale, Formal Regulatory Remedies
In her keynote address at the 2017 Brodsky Family Northwestern JD-MBA Lecture Series, CFTC Commissioner Sharon Y. Bowen described her thinking on the key trends driving regulatory activity. Commissioner Bowen identified “four disruptive elements” she believes...
by David Schwartz J.D. CPA | Jun 19, 2017 | All, Change Overview and Rationale, Formal Regulatory Remedies
In a sparsely worded press release on January 3, 2017, the Bank for International Settlements announced that the January 8 meeting of the group of central bank governors and heads of supervision (GHOS) has been postponed. At this meeting, the GHOS were to finalize...
by David Schwartz J.D. CPA | Jun 14, 2017 | All, Change Overview and Rationale, Formal Regulatory Remedies
In response to Executive Order 13772, on June 14, 2017 Treasury Secretary Steven Mnuchin published a report identifying recommendations for changes to the regulation of the U.S. financial system in a manner consistent with the Executive Order’s “core...
by David Schwartz J.D. CPA | May 29, 2017 | All, Change Overview and Rationale, Formal Regulatory Remedies
In speeches on April 5 and May 25, 2017, William Coen, Secretary General of the Basel Committee, hinted that final Basel III standards are “just around the corner.” Despite a setback in January 2017 in which the Committee members could not reach accord on the...
by David Schwartz J.D. CPA | May 23, 2017 | All, Change Overview and Rationale, Formal Regulatory Remedies
In a keynote address before the Systemic Risk and Organization of the Financial System Conference in California on May 12, 2017 FDIC Vice Chairman Tom Hoenig announced his novel market-based proposal to strengthen the financial system and provide regulatory relief and...
