by David Schwartz J.D. CPA | Jun 19, 2015 | All, Change Overview and Rationale, Formal Regulatory Remedies
In a September 30, 2015 speech before the SIFMA Liquidity Forum in New York, Fed President and Chief Executive Officer William C. Dudley addressed concerns that market liquidity is being hindered by regulation. While open to the idea of finding a better balance...
by David Schwartz J.D. CPA | May 30, 2015 | All, Change Overview and Rationale, Formal Regulatory Remedies
Amidst the series of legal settlements in recent months by global banks for forex market manipulation, the Bank for International Settlements (BIS) has announced that it will set up a working group under its Markets Committee to study improvements in the foreign...
by David Schwartz J.D. CPA | May 21, 2015 | All
In a unanimous opinion issued on May 18, 2015, the Supreme Court confirmed a continuing duty of ERISA trustees to monitor investments. Although the case involved a complicated procedural history before arriving at the Supreme Court, the lawsuit presented a fairly...
by David Schwartz J.D. CPA | May 19, 2015 | All, Change Overview and Rationale
On December 7, 2014, the Bank for International Settlements (BIS) issued its latest quarterly review. Looking back at the year, and the quarter in particular, BIS sees signs of a buoyant global economy, however tempered by indications of some fragility. “Markets...
by David Schwartz J.D. CPA | May 16, 2015 | All, Change Overview and Rationale, Formal Regulatory Remedies
At the end of April, the Bank for International Settlements (BIS) issued its eighth progress report on the adoption of the Basel regulatory framework. This report provides a high-level overview of the progress made by Basel Committee member states in adopting the...
