by David Schwartz J.D. CPA, Executive Director | 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, Executive Director | 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, Executive Director | 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, Executive Director | 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, Executive Director | 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...
