by David Schwartz J.D. CPA, Executive Director | May 14, 2016 | All, ROSE
On May 16, 2016, Fordham students participating in the Center’s Regulatory Outreach for Student Education (ROSE) Program submitted their winning comment letter on the Basel Committee’s December 17, 2015 consultation, “Identification and Measurement...
by David Schwartz J.D. CPA, Executive Director | Apr 27, 2016 | All, Change Overview and Rationale
On April 13, 2016, the Office of Financial Research (OFR) published its annual systemic importance data for the world’s larges banks. Based on data released in 2013 and 2014 by the Basel Committee, the OFR’s report examined data for the global 30 banks designated as...
by David Schwartz J.D. CPA, Executive Director | Apr 20, 2016 | All, Change Overview and Rationale, Formal Regulatory Remedies
In their April 16, 2016 report, Review of Asset Management Products and Activities, the Financial Stability Oversight Council (FSOC) requested that regulators make coordinated and permanent efforts to collect more data on securities lending. Noting that that current...
by David Schwartz J.D. CPA, Executive Director | Apr 19, 2016 | All, Change Overview and Rationale
The Office of Financial Research released results of its survey of the bilateral repo markets. The report, “The U.S. Bilateral Repo Market: Lessons from a New Survey,” provides aggregate statistics on U.S. dealers’ bilateral repo agreements and...
by David Schwartz J.D. CPA, Executive Director | Apr 18, 2016 | All, Commentary
Securities and Exchange Commission Chair Mary Jo White’s March 29 speech to the Mutual Fund Directors’ Forum can be seen as a showcase of the philosophical differences between market regulators and banking supervisors. For directors, the speech also reveals the...