by David Schwartz J.D. CPA | May 20, 2017 | All, Formal Regulatory Remedies
In a May 10, 2017 address, acting Chairman of the Commodity Futures Trading Commission (CFTC) J. Christopher Giancarlo highlighted some unintended consequences regulation is having on the swaps markets. In his speech before the International Swaps and Derivatives...
by David Schwartz J.D. CPA | May 19, 2017 | All, Change Overview and Rationale
On June 26, 2017, the Supreme Court handed down a 5-4 decision which ended California Public Employees’ Retirement System’s (“CaLPERS”) efforts to spin off its own Lehman-related claims from a larger class action because the claims were filed late. The...
by David Schwartz J.D. CPA | May 15, 2017 | All, Formal Regulatory Remedies
In a May 9th Address, Michael Held, Executive Vice President and General Counsel of the Federal Reserve Bank of New York, gave his thoughts on the new compliance landscape. Held told his audience at SIFMA’s Compliance and Legal Society Monthly Luncheon that in recent...
by David Schwartz J.D. CPA | May 7, 2017 | All, Change Overview and Rationale, Formal Regulatory Remedies
In a speech before the US Chamber of Commerce’s 11th Annual Capital Market Summit, the CFTC’s acting Chairman J. Christopher Giancarlo announced a new project to simplify the agency’s regulations. Remarking that, “America’s derivatives markets are struggling, in...
by David Schwartz J.D. CPA | Apr 22, 2017 | All, Change Overview and Rationale, Formal Regulatory Remedies
A Federal Reserve Report published on April 18, 2017 found that U.S. small businesses are facing hurdles in obtaining much-needed financing for growth. The study indicated that small businesses presently face significantly more stringent credit conditions when...
