by David Schwartz J.D. CPA, Executive Director | 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, Executive Director | 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, Executive Director | 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...
by David Schwartz J.D. CPA, Executive Director | Jan 27, 2016 | All, Change Overview and Rationale, Formal Regulatory Remedies
On January 27, 2016, the Office of Financial Research (OFR), an arm of the Treasury Department created under the Dodd-Frank Act, issued its fourth annual report to Congress. The report highlights the results of OFR research, risks to financial markets, and OFR...
by David Schwartz J.D. CPA, Executive Director | Jan 19, 2016 | All
On January 14, 2016, the SEC announced that a large U.S. broker dealer had agreed to settle charges that its securities lending practices violated federal securities regulations. According to the SEC’s order, the dealer violated Regulation SHO by providing...
