by David Schwartz J.D. CPA, Executive Director | Sep 22, 2015 | All, Change Overview and Rationale, Formal Regulatory Remedies
Since the liquidity freeze during the financial crisis, liquidity risk management has been a concern to regulators thorughout the financial industry. Last week, the the SEC proposed new rules addressing liquidity management in open end funds and the Financial Industry... by David Schwartz J.D. CPA, Executive Director | Aug 30, 2015 | All, Change Overview and Rationale
PWC has published an August 2015 study commissioned by The Global Financial Markets Association (GFMA) and the Institute for International Finance (IIF) intended to examine the post-crisis state of global financial market liquidity. Among its findings, the study...
by David Schwartz J.D. CPA, Executive Director | Aug 19, 2015 | All, Change Overview and Rationale, Formal Regulatory Remedies
On October 7, 2015, the Office of Financial Research (OFR) published a paper highlighting the difficulties in interpreting the Liquidity Coverage Ratio (LCR), a new standard set by bank regulators after the financial crisis to help ensure banks maintain sufficient...
by David Schwartz J.D. CPA, Executive Director | Aug 19, 2015 | All, Change Overview and Rationale, Formal Regulatory Remedies
The Securities and Exchange Commission has announced that it will hold hearings on December 11 to “consider whether to propose a new rule and amendments to certain proposed forms related to the use of derivatives by registered investment companies and business...
by David Schwartz J.D. CPA, Executive Director | Jul 22, 2015 | All, Change Overview and Rationale, Formal Regulatory Remedies
On July 21, 2015, following a long five-year proposal and comment period, the collection of restrictions imposed by Section 619 of the Dodd-Frank Act and the regulations thereunder (commonly referred to as the “Volcker Rule”) finally went into effect. The aim of...
