by David Schwartz J.D. CPA, Executive Director | May 12, 2013 | All, Change Overview and Rationale, Formal Regulatory Remedies
Over the past few decades, US and other financial regulators have had to think more and more about their regulations not just from a domestic standpoint, but from a global perspective as well. One prime example is the US Securities and Exchange Commission, whose...
by David Schwartz J.D. CPA, Executive Director | Apr 27, 2013 | All, Cross-Post
Stanford law professor Michael Klausner, and his colleagues Jason Hegland and Matthew Goforth, have published an update to their 2011 studies reporting data on the timing of dismissals and settlements in securities class actions. In this latest update published in the...
by David Schwartz J.D. CPA, Executive Director | Apr 22, 2013 | All, Change Overview and Rationale, Commentary, Lender Directed Voting
Over the past sixty years, as more and more people in the US have begun to participate in the capital markets through retirement plans, mutual funds, ETFs and other pooled investment vehicles, institutional investors have grown from bit players in the markets, owning...
by David Schwartz J.D. CPA, Executive Director | Apr 19, 2013 | All, Disclosure Regimes, Formal Regulatory Remedies
At this point, we’re basically saying all repos should be accounted for as borrowings. FASB Chairman Leslie Seidman On January 15, 2013, the Financial Accounting Standards Board (FASB) proposed changes to accounting standards for repos intended to improve...
by David Schwartz J.D. CPA, Executive Director | Apr 19, 2013 | All, Formal Regulatory Remedies
These loopholes are bad policy even in the best of circumstances, but it would be unconscionable to allow them to continue if we can use revenue from closing them to avoid the devastating effect sequestration would have on national security, homeland defense, law...
