by David Schwartz J.D. CPA | Mar 17, 2013 | All, Formal Regulatory Remedies
It seems that Congress’s preoccupation with the nation’s financial situation has not proved to be a distraction from financial regulatory reform. Judging from committee announcements and recently introduced legislation, both the House and Senate have...
by David Schwartz J.D. CPA | Mar 16, 2013 | All, Formal Regulatory Remedies
The first in a series of dates implementing mandatory swaps clearing finally arrived last week. March 11, 2013 marked the date by which swap dealers, major swap participants, and private funds active in the swaps market were required to begin clearing swaps. The March...
by David Schwartz J.D. CPA | Feb 25, 2013 | All, Change Overview and Rationale, Formal Regulatory Remedies
[M]ore than anywhere else in the world, the United States remains a place where a visionary can risk everything on a dream or an idea and have a fair chance of fighting for it. And he or she can do so in an environment where the investors who underwrite that dream are...
by David Schwartz J.D. CPA | Feb 19, 2013 | All, Formal Regulatory Remedies
The Commodities Futures Trading Commission may have chosen April Fools’ Day to approve an important exemption for inter-affiliate swaps transactions, but exemption is no joke. It provides some much needed relief from a perceived flaw in the new swaps regime...
by David Schwartz J.D. CPA | Feb 19, 2013 | All
The Financial Stability Oversight Council’s recently released 2013 Annual Report revealed that the FSOC will defer to the Securities and Exchange Commission on further reforms for money market mutual funds (MMFs), so long as the SEC moves forward with...
