by David Schwartz J.D. CPA | Mar 24, 2013 | All, Formal Regulatory Remedies
Rather than responding appropriately to the crisis, which would include developing a modern regulatory system with the flexibility to adapt to changes in the global financial system, we instead have been saddled with an increasingly prescriptive and inflexible...
by David Schwartz J.D. CPA | Mar 20, 2013 | All, Formal Regulatory Remedies
CFTC Commissioner Mark Wetjen has signaled that the CFTC may extend the July effective date for its cross-border derivatives rules. Speaking at a Futures Industry Association conference on March 12, 2013, Wetjen said the European Securities and Markets...
by David Schwartz J.D. CPA | Mar 19, 2013 | All, Change Overview and Rationale
The financial crisis has given rise to record numbers of law suits. But six years on, are we seeing the end of this litigation frenzy? In an effort to answer this question, Fatan Sabry, Eric Wang, and Joseph Mani of NERA Economic Consulting have surveyed existing...
by David Schwartz J.D. CPA | Mar 19, 2013 | All, Change Overview and Rationale
Regulatory and structural reforms to the UK’s system of financial regulation may have created the conditions for a “perfect litigation storm,” according to a May 2013 client memo from law firm Jones Day. The firm’s memo posits that new powers...
by David Schwartz J.D. CPA | Mar 19, 2013 | All, Commentary
CSFME’s executive director, Ed Blount, has written a new book review for the ABA Banking Journal. Mr. Blount reviews “China’s Super Bank” by Henry Sanderson and Michael Forsythe, in which the authors present what Blount calls a worthy history...
