by David Schwartz J.D. CPA | Dec 28, 2016 | All, Formal Regulatory Remedies
SEC Chair Mary Jo White is not sticking around at the SEC after the inauguration next month. But she does not plan to be idle in her remaining time at the Commission. In a pointed response to an earlier request by GOP senators to stop issuing new rules called for by...
by David Schwartz J.D. CPA | Dec 27, 2016 | All, Change Overview and Rationale
By now, all but the most strident luddite has heard of Bitcoin, the notorious stateless crypto-currency. Naturally, financial firms and regulators have started to take notice of Bitcoin. But it is not necessarily the currency they are interested in. Rather, they are...
by David Schwartz J.D. CPA | Dec 22, 2016 | All, Formal Regulatory Remedies
As we mentioned last week it is premature to write the obituary for Dodd-Frank. Regulators have publicly recommitted themselves to seeing Dodd-Frank implemented fully. But regulators are not the only ones who would like to hold on to at least some aspects of the new...
by David Schwartz J.D. CPA | Dec 19, 2016 | All, Change Overview and Rationale, Formal Regulatory Remedies
In a June 8, 2016 address in Berlin, Dr. Andreas Dombret, Member of the Executive Board of the Deutsche Bundesbank, spoke about potentially easing the burden on smaller financial institutions by calibrating financial regulation based on banking entities’ size...
by David Schwartz J.D. CPA | Dec 19, 2016 | All
Angry investor Clyde Calvin Grady II has had his day in court. In a November 2015 ruling, the U.S. Court of Claims dismissed Grady’s suit against Congress and the Securities and Exchange Commission alleging that, by failing to prevent the 2010 “Flash Crash,” the...
