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...
by David Schwartz J.D. CPA | Mar 19, 2022 | All, Change Overview and Rationale, Cross-Post, Formal Regulatory Remedies
On Friday, February 25, 2022, the Securities and Exchange Commission (SEC) proposed its latest round of GameStop rule proposals. In addition to enhanced public disclosures of short sales by institutional investors, the Commission announced a 30-day extension of the...
