by David Schwartz J.D. CPA | Aug 19, 2013 | All, Formal Regulatory Remedies
The Federal Reserve Board has approved rules making it clearer which non-banks can be swept into the Board’s regulatory ambit and under what circumstances they may be “systematically important.” The March 29, 2013 release lays out the Fed’s...
by David Schwartz J.D. CPA | Aug 19, 2013 | All
Jonathan C. Dickey, partner and Co-Chair of the National Securities Litigation Practice Group at Gibson, Dunn & Crutcher LLP, has published his mid-year review of securities class action lawsuits on Harvard’s corporate governance and Financial Regulation...
by David Schwartz J.D. CPA | Aug 19, 2013 | All, Formal Regulatory Remedies, Procedural Changes
The European Securities and Markets Authority (ESMA) has approve cooperation agreements with seven global counterparts in five jurisdictions. These agreements with regulators in the Bahamas, Japan, Malaysia, Mexico and the United States formalize details of...
by David Schwartz J.D. CPA | Aug 19, 2013 | All, Disclosure Regimes, Formal Regulatory Remedies
Given their strict regulatory regime, the use of commodities has long been a sticky subject for mutual funds. At the same time, however, the competitive environment for returns amongst mutual funds has made use of derivatives and commodity interests by registered...
by David Schwartz J.D. CPA | Aug 19, 2013 | All, Change Overview and Rationale
In a globally interconnected marketplace, just how effective can country-by-country regulation really be? According to David Wright, Secretary General of IOSCO, this fragmented regulation from jurisdiction to jurisdiction may be doing more harm than good. The tools...
