by David Schwartz J.D. CPA, Executive Director | Sep 19, 2014 | All, Formal Regulatory Remedies
Amid allegations of widespread collusion and corruption amongst forex traders, regulators all over the globe have launched investigations in to the the lucrative $5.3 trillion daily foreign currency exchange market. With British firms handling 41% of all currency...
by David Schwartz J.D. CPA, Executive Director | Sep 17, 2014 | All, Formal Regulatory Remedies, Procedural Changes
While regulators should have clear expectations for boards, we need to make sure that we are creating expectations that lead to boards spending more time overseeing . . . risk-management and control functions . . . A recent address by Federal Reserve Governor Daniel...
by David Schwartz J.D. CPA, Executive Director | Aug 27, 2014 | All, Change Overview and Rationale, Formal Regulatory Remedies
Under rules recently finalized by the SEC, all money market funds will be permitted, and under some circumstances required, to impose liquidity fees and gates against investor redemptions if the fund’s weekly liquid assets fall below specified thresholds. In their...
by David Schwartz J.D. CPA, Executive Director | Aug 19, 2014 | All, Change Overview and Rationale, Formal Regulatory Remedies
The different approaches to the interpretation of MiFID I across Member States mean that there is no commonly-adopted application of the definition of derivative or derivative contract in the EU for some asset classes. Whilst this issue has in the past been noted as a...
by David Schwartz J.D. CPA, Executive Director | Aug 13, 2014 | All, Change Overview and Rationale, Formal Regulatory Remedies
“Inverted corporations take advantage of all the things American tax dollars provide—from tax credits for research and development, investments in transportation infrastructure, and strong patent and copyright protections, to profiting from taxpayer-supported programs...
