by David Schwartz J.D. CPA, Executive Director | Aug 19, 2013 | All
The financial crisis revealed weaknesses in the design of the U.S. tri-party repo market that could potentially amplify and propagate systemic risk. Since that time, the New York Federal Reserve Bank has monitored closely the tri-party repo market, and its Treasury...
by David Schwartz J.D. CPA, Executive Director | 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, Executive Director | 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, Executive Director | Aug 13, 2013 | All, Change Overview and Rationale, Disclosure Regimes, Formal Regulatory Remedies
As they depart for the August recess, Congress has left some financial regulatory issues open to occupy their time upon their return next month. Bills addressing high frequency trading, exempting banks as municipal advisers, and relief for brokers engaging in private...
by David Schwartz J.D. CPA, Executive Director | Jul 30, 2013 | All, Formal Regulatory Remedies
The Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency have issued a request for comments on supervisory expectations for stress tests conducted by medium-sized financial...
