by David Schwartz J.D. CPA, Executive Director | Apr 15, 2014 | All, Change Overview and Rationale, Commentary, Formal Regulatory Remedies
The September 2013 Office of Financial Research (OFR) report entitled “Asset Management and Financial Stability” attempts to present a critical analysis of how asset management firms and the activities in which they engage can introduce vulnerabilities that could...
by David Schwartz J.D. CPA, Executive Director | Apr 13, 2014 | All
U.S. District Court Judge Naomi Reice Buchwald has ruled against a group of plaintiffs seeking to use the Sherman Antitrust Act to punish rate-setting banks for manipulating LIBOR. Although some of the defendant banks on the London Interbank Offered Rate panel have...
by David Schwartz J.D. CPA, Executive Director | Mar 25, 2014 | All, Formal Regulatory Remedies
In a strong defense of the stability and safety of the asset management industry, Investment Company Institute President and CEO Paul Schott Stevens told the Mutual Fund and Investment Management Conference that not only are asset managers and the funds that they...
by David Schwartz J.D. CPA, Executive Director | Mar 19, 2014 | All, Formal Regulatory Remedies
“Clearing agencies that have been designated as systemically important or that clear security-based swaps are a backbone of the U.S. financial markets. The enhanced regulatory regime proposed today reflects the importance of effective regulation of these...
by David Schwartz J.D. CPA, Executive Director | Mar 12, 2014 | All, ROSE
In a web based meeting today, CSFME’s Executive Director Ed Blount and Senior Policy Analyst David Schwartz met with a group of Fordham University’s graduate and undergraduate business students to invite them to participate in the real world of regulatory...
