by David Schwartz J.D. CPA, Executive Director | 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, Executive Director | 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...
by David Schwartz J.D. CPA, Executive Director | May 22, 2013 | All, Formal Regulatory Remedies
Treasury Secretary J. Lew still sees money market funds and tri-party repo as unfinished business in the nation’s quest to control risks to financial stability. In May 21, 2013 testimony before the Senate Committee on Banking, Housing, and Urban Affairs, Lew...
by David Schwartz J.D. CPA, Executive Director | May 19, 2013 | All, Change Overview and Rationale, Formal Regulatory Remedies
Newly proposed cross-border regulations issued by the US Commodity Futures Trading Commission have made waves across the globe, with nine overseas finance officials urging US Treasury Secretary Jacob J. Lew to limit the cross-border reach of Dodd-Frank Act swaps...
by David Schwartz J.D. CPA, Executive Director | May 19, 2013 | All, Change Overview and Rationale, Formal Regulatory Remedies
Today Treasury Secretary Jack Lew delivered a broad policy address to an audience at the Pew Charitable Trust. For the most part, Lew spoke about progress the Treasury and Administration have made thus far ending too-big-to-fail and reigning in many of the perceived...