by David Schwartz J.D. CPA, Executive Director | Jan 19, 2016 | All, Change Overview and Rationale, Disclosure Regimes, Formal Regulatory Remedies
Both FINRA and the Securities and Exchange Commission have indicated a renewed interest in the fees charged by investment advisors. In a May 2016 notice, FINRA announced a mutual fund fee waiver sweep intended to gather information regarding whether advisors had...
by David Schwartz J.D. CPA, Executive Director | Jan 19, 2016 | All, Change Overview and Rationale, Formal Regulatory Remedies
In a joint statement issued on February 10, 2016, the European Commission (EC) and the U.S. Commodity Futures Trading Commission (CFTC) announced agreement on a common approach regarding requirements for central clearing counterparties (CCPs). The agreement is the...
by David Schwartz J.D. CPA, Executive Director | 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, Executive Director | 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, Executive Director | 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...
