by David Schwartz J.D. CPA | Jan 26, 2015 | All, Change Overview and Rationale, Formal Regulatory Remedies
Today, the Securities and Exchange Commission announced that it will hold a February 19 public roundtable discussion on improving the proxy voting process. The roundtable, which will be held at the SEC’s Washington, DC headquarters, will focus on universal proxy...
by David Schwartz J.D. CPA | Jan 20, 2015 | All, Disclosure Regimes, Formal Regulatory Remedies
The SEC has issued final rules governing security-based swap data repositories (SDRs) prescribing reporting to regulators and setting public disclosure requirements for security-based swap transaction data. These new rules implement mandates under Title VII of the...
by David Schwartz J.D. CPA | Jan 19, 2015 | All, Change Overview and Rationale, Disclosure Regimes, Formal Regulatory Remedies
Wednesday, November 18, 2015, was a busy day for the Securities and Exchange Commission. That morning the Commission convened to propose new rules to enhance the transparency of alternative trading systems, including “dark pools.” Later that day, Chairman Mary...
by David Schwartz J.D. CPA | Jan 19, 2015 | All
On November 25, 2015, the Chicago Public School Teachers’ Pension and Retirement Fund and other institutional investors filed a class action lawsuit in federal court alleging that ten of the world’s largest investment banks conspired to rig the lucrative interest rate...
by David Schwartz J.D. CPA | Dec 29, 2014 | All, Change Overview and Rationale, Formal Regulatory Remedies
In October 2014, the Bank for International Settlements (BIS) adopted final standards for the “net stable funding ratio” (NSFR), the last plank in the Basel III banking reforms. The NSFR was first proposed in 2009, and elicited much concern from the industry...
