by David Schwartz J.D. CPA, Executive Director | Oct 14, 2013 | All, Change Overview and Rationale, Procedural Changes
Though scholarly debates continue, the impact of credit derivatives on the law and policy of insider trading is still unexplored. This Article fills this gap to demonstrate that the emergence of credit derivatives marks a profound development for the prohibition...
by David Schwartz J.D. CPA, Executive Director | Sep 23, 2013 | All, Change Overview and Rationale, Formal Regulatory Remedies
The purpose of the [full-allotment overnight reverse repo] facility is to establish a floor on money market rates and to improve the implementation of monetary policy even when the balance sheet is large. Even if our balance sheet increases significantly further and...
by David Schwartz J.D. CPA, Executive Director | Sep 19, 2013 | All
On Wednesday, March 27, 2013, twenty-five lucky college students had the opportunity to travel to Washington, DC to visit some of the nation’s most important government agencies, and meet policy makers to discuss the nation’s economic governance. The...
by David Schwartz J.D. CPA, Executive Director | Sep 19, 2013 | All, Formal Regulatory Remedies
On December 21, 2012, the CFTC issued a final exemptive order providing temporary relief from compliance with certain swap regulations and further proposed guidance relating to the application of certain swap-related provisions of the U.S. Commodity Exchange Act to...
by David Schwartz J.D. CPA, Executive Director | Sep 12, 2013 | All, Change Overview and Rationale, Disclosure Regimes, Formal Regulatory Remedies, Procedural Changes
On August 29, 2013, the Financial Stability Board (FSB) issued its finalized policy framework for its securities lending and repo workstream. As part of a larger examination of shadow banking, the FSB focused on five specific areas in which policies are needed to...
