by David Schwartz J.D. CPA, Executive Director | Oct 14, 2012 | All, Change Overview and Rationale, Formal Regulatory Remedies
Both the President’s Working Group on Financial Markets and the Financial Stability Oversight Council have consistently called for the SEC to pursue additional reforms to address structural vulnerabilities in [money market funds], including unanimous...
by David Schwartz J.D. CPA, Executive Director | Oct 13, 2012 | All, Change Overview and Rationale, Formal Regulatory Remedies
[G]lobal interconnections within the swap markets require cross-border regulatory cooperation and harmonization, as no one national regulator is equipped with the resources necessary to regulate comprehensively every participant in its local market nor every market in...
by David Schwartz J.D. CPA, Executive Director | Sep 27, 2012 | All, Formal Regulatory Remedies
In light of the Securities and Exchange Commission’s inability to bring money market fund reforms to a vote, Treasury Secretary Timothy Geithner has announced that the Financial Stability Oversight Council will take the matter in hand. Specifically, Geithner...
by David Schwartz J.D. CPA, Executive Director | Sep 23, 2012 | All, Change Overview and Rationale
With 1,304 funds and €215 billion assets under management, Exchange Traded Funds (ETFs) listed in Europe are a major element of the European fund management industry. However, some feel that European ETFs are hindered by a lack of liquidity as compared to their...
by David Schwartz J.D. CPA, Executive Director | Sep 21, 2012 | All, Formal Regulatory Remedies
Rep. Peter King (R-NY), a member of the House Financial Services Committee, will soon introduce a bill to suspend enforcement of the Volker Rule until the Treasury Department can certify that other countries have adopted and are abiding by similar statutory...
