by David Schwartz J.D. CPA | Jul 15, 2013 | All, Change Overview and Rationale, Commentary, Lender Directed Voting
The federal government is not now and has never been in the business of telling you how you should vote your proxies. But it seems that through regulatory creep, the government may have indirectly given the power to tell investors how to vote their proxies to someone...
by David Schwartz J.D. CPA | Jun 26, 2013 | All, Change Overview and Rationale
Central banks cannot repair the balance sheets of households and financial institutions. Central banks cannot ensure the sustainability of fiscal finances. And, most of all, central banks cannot enact the structural economic and financial reforms needed to return...
by David Schwartz J.D. CPA | Jun 23, 2013 | All, Change Overview and Rationale
Although it is intuitively clear that interconnectedness has some effect on the transmission of shocks, it is less clear whether and how it significantly increases the likelihood and magnitude of losses compared to a financial system that is not interconnected. The...
by David Schwartz J.D. CPA | Jun 20, 2013 | All
Time is running out for those who are unhappy with the settlements of some 930,000 Lehman derivatives contracts. With the statute of limitations running out on filing Lehman derivatives disputes, a flood of new cases is expected from parties holding these contracts...
by David Schwartz J.D. CPA | Jun 19, 2013 | All, Formal Regulatory Remedies
The Court of Justice of the EU (CJEU) has announced that it will hear a challenge to EU short selling regulations on June 11, 2013. Britain’s finance ministry filed the legal challenge in June of 2012 against the European Union in an effort to limit the European...
