by David Schwartz J.D. CPA | Feb 28, 2016 | All, Change Overview and Rationale, Formal Regulatory Remedies
On February 10, 2016, the Securities and Exchange Commission approved final rules intended to ensure that both U.S. and foreign dealers are subject to U.S. regulation when they engage in security-based swap dealing activity in the United States. The new rules require...
by David Schwartz J.D. CPA | Feb 19, 2016 | All, Commentary
Financial markets in the 21st Century are profoundly global. This fact was amply demonstrated by the 2007 – 2009 financial crisis, which was centered in the banking systems of the developed western economies but transmitted with devastating effect to economies...
by David Schwartz J.D. CPA | Feb 19, 2016 | All, Change Overview and Rationale
As we reported in April of 2015, the Office of Financial Research, the Federal Reserve, and the Securities and Exchange Commission launched a joint pilot program to collect better and more complete data on securities lending. At that time, the OFR, Fed, and SEC...
by David Schwartz J.D. CPA | Feb 19, 2016 | All, Change Overview and Rationale, Formal Regulatory Remedies
SEC Chairman Mary Jo White used the occasion of her keynote speech a the September 21, 2016 International Bar Association’s annual conference to address some the challenges the Securities and Exchange Commission faces in regulating an ever more global asset management...
by David Schwartz J.D. CPA | Feb 14, 2016 | All, Change Overview and Rationale, Formal Regulatory Remedies
On January 29, 2016, the Bank of England (B of E) issued a consultation paper laying out its proposed framework for the systemic risk buffer (SRB) to be applied to ring-fenced banks and large building societies holding more than £25 billion of retail and small and...
