by David Schwartz J.D. CPA | Jun 19, 2013 | All, Change Overview and Rationale, Formal Regulatory Remedies
In an October 14, 2013 address, William C. Dudley, President and Chief Executive Officer of the Federal Reserve Bank of New York, expressed some lingering concerns he and the Fed have about the tri-party repo market. Despite the reform efforts of both regulators and...
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...
by David Schwartz J.D. CPA | Jun 19, 2013 | All, Change Overview and Rationale, Formal Regulatory Remedies
The Risk Management Association’s Committee on Securities Lending has filed a 40-page response to the Financial Stability Board’s recent whitepaper on shadow banking, focusing on its recommendations regarding securities lending and repo. The January 14,...
by David Schwartz J.D. CPA | Jun 17, 2013 | All, Change Overview and Rationale
Sifting the rubble left by the financial crisis has turned up some revealing clues about the causes of the catastrophe. At the same time, this forensic examination has given us an opportunity to do some fundamental thinking about to what extent sheer size of the...
by David Schwartz J.D. CPA | May 29, 2013 | All, Change Overview and Rationale
For the most part, regulators and policy makers around the globe have “bought in” to the global regulatory reform agenda brought about by the financial crisis. But, there are differences of opinion on whether the reforms that are underway are up to the...
