by David Schwartz J.D. CPA | Sep 29, 2022 | All, Change Overview and Rationale, Cross-Post, Disclosure Regimes, Formal Regulatory Remedies
In February of 2022, the Securities and Exchange Commission proposed new disclosures to provide more transparency into institutional investors’ short-selling activity. According to Chairman Gensler, collecting more granular data from large short sellers...
by David Schwartz J.D. CPA | Aug 19, 2022 | All, Cross-Post, Formal Regulatory Remedies
A collection of the globe’s most significant securities trade associations[1] joined forces to file a comprehensive response to the Basel Committee on Banking Supervision’s (BCBS) second public consultation on the prudential treatment of banks’...
by David Schwartz J.D. CPA | Jun 19, 2022 | All, Change Overview and Rationale, Cross-Post, Formal Regulatory Remedies
In moving to shorten the U.S. securities settlement cycle by one day to T+1, the Securities and Exchange Commission appears to have hit on something upon which virtually everyone can agree. Judging by the comments to the SEC’s T+1 proposal, everyone from State...
by David Schwartz J.D. CPA | Apr 27, 2022 | All, Change Overview and Rationale, Cross-Post
The Securities and Exchange Commission (SEC) filed a civil lawsuit against Archegos Capital Management, its founder, and several other individuals in April 2022. The SEC alleges that Archegos engaged in a fraudulent scheme to manipulate the market for the securities...
by David Schwartz J.D. CPA | Apr 17, 2022 | All, Cross-Post, Formal Regulatory Remedies, Procedural Changes
The Securities and Exchange Commission’s controversial securities lending disclosure proposal (Proposal) sought public input on 97 questions and received a substantial body of feedback during the initial 30-day comment period. Drawing sharp rebukes, most...
