by David Schwartz J.D. CPA, Executive Director | 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, Executive Director | 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...
by David Schwartz J.D. CPA, Executive Director | Feb 17, 2013 | All, Change Overview and Rationale, Formal Regulatory Remedies
The Senate Banking Committee spent the best part of its Valentine’s Day grilling Fed officials and agency heads about the regulatory implementation of Dodd-Frank. Despite holding the hearings on a day dedicated to romance and love, the Senators certainly did not...
by David Schwartz J.D. CPA, Executive Director | Jan 29, 2013 | All, Change Overview and Rationale
“Given the inconsistency in the Commission’s interpretation of its own rules, the lack of regulatory certainty and the increased cost of compliance with the Commission swaps regulations, including the complicated and controversial swap dealer definition rules, swap...
by David Schwartz J.D. CPA, Executive Director | Jan 23, 2013 | All, Change Overview and Rationale, Formal Regulatory Remedies
High frequency trading is once again in the sights of Congress. The use of sophisticated computer algorithms to trade securities on a rapid basis at speeds far beyond the capabilities of human beings garnered much attention in the wake of the 2010 Flash Crash, as well...
