by David Schwartz J.D. CPA | Jan 18, 2016 | All, Change Overview and Rationale, Formal Regulatory Remedies
The Securities and Exchange Commission’s September 2015 rule proposals addressing mutual fund liquidity issues have not been received with great enthusiasm by the fund industry. Some major players have made it quite clear in their comment letters that they feel the...
by David Schwartz J.D. CPA | Dec 29, 2015 | All, Change Overview and Rationale, Formal Regulatory Remedies
Strategic, underwriting, cybersecurity, compliance, and interest rate risks lead the Office of the Comptroller of the Currency’s (OCC) supervisory concerns in its Semiannual Risk Perspective for Fall 2015. Released December 17, 2015, the report “addresses key issues...
by David Schwartz J.D. CPA | Dec 21, 2015 | All, Change Overview and Rationale, Formal Regulatory Remedies
Foes of the DOL’s proposed fiduciary rule suffered a setback last week when the House of Representatives passed an omnibus spending bill omitting any measures that would have stalled, hindered, or killed the proposal. On the table during budget negotiations were...
by David Schwartz J.D. CPA | Dec 19, 2015 | All, Change Overview and Rationale, Formal Regulatory Remedies
Though the Financial Stability Board’s (FSB) March 4, 2015 consultation paper on Global SIFI designation is only a week old, it has already generated a chorus of criticism and condemnation from some of the asset management industry’s most powerful players. This second... by David Schwartz J.D. CPA | Dec 19, 2015 | All, Change Overview and Rationale
Long time financial reform skeptic and Dodd-Frank foe Jeb Hensarling (R-TX), chair of the Financial Services Committee, will hold hearings on what he believes to be the Federal Reserve’s lack of transparency and accountability. On Tuesday, July 14, 2015 at 10:00am...
