by David Schwartz J.D. CPA | Sep 26, 2016 | All, Formal Regulatory Remedies
In a 65-page comment letter responding to the Financial Stability Board’s (“FSB”) June 22, 2016 consultation paper, “Proposed Policy Recommendations to Address Structural Vulnerabilities from Asset Management Activities,” SIFMA vigorously championed...
by David Schwartz J.D. CPA | Sep 19, 2016 | All, Change Overview and Rationale, Formal Regulatory Remedies
On August 10, 2016, the Global Financial Markets Association (GFMA) released a comprehensive analysis of the potential costs of the new Basel standards on lending and capital markets. The report was conducted by Oliver Wyman, a leading global management consulting...
by David Schwartz J.D. CPA | Sep 18, 2016 | All, Change Overview and Rationale, Formal Regulatory Remedies
The response to the financial crisis was a raft of new regulation aimed at reducing the risks posed by financial institutions. But now with strict new liquidity and leverage ratios, increased capital requirements, and restrictions on banking activities versus...
by David Schwartz J.D. CPA | Aug 24, 2016 | All, Formal Regulatory Remedies
In a June 28, 2016 address in London, Andrew J. Donohue, Chief of Staff at the U.S. Securities and Exchange Commission, gave his perspective on the expanding intersection between U.S. securities regulation and the global securities community. The past few decades have...
by David Schwartz J.D. CPA | Aug 19, 2016 | All, Change Overview and Rationale
On July 21, 2016, the Securities Industry and Financial Markets Association (SIFMA) issued its latest annual update and overview of the U.S. repo market. SIFMA measured the daily turnover of the US repo market from June 2015 to June 2016 at $2.2 trillion. During that...
