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...
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...
