by David Schwartz J.D. CPA | Jun 19, 2012 | All, Change Overview and Rationale, Formal Regulatory Remedies
In their communiqué from June’s Los Cabos meeting, the G20 said that it expects member nations to finalize their OTC derivatives regulations in order to meet the the G20’s fast approaching deadline. The communiqué urges member nations to fast track their...
by David Schwartz J.D. CPA | Jun 19, 2012 | All, Change Overview and Rationale, Formal Regulatory Remedies
Per the fiscal year 2013 Financial Services and General Government Appropriations bill of the House Appropriations Committee, the SEC must perform an in-depth study on the effectiveness of the Commission’s long standing rules, as well as the more recent money...
by David Schwartz J.D. CPA | Jun 19, 2012 | All, Procedural Changes
A study published this month (June 2012) by the Investor Responsibility Research Center (IRRC) Institute and conducted by Tapestry Networks takes a look at the decision-making process for proxy voting used by 19 North American asset management firms. In particular,...
by David Schwartz J.D. CPA | Jun 19, 2012 | All, Formal Regulatory Remedies
The Financial Stability Oversight Council (FSOC) has adopted final rules on Supervision and Regulation of Certain Nonbank Financial Companies. These final rules and the accompanying interpretive guidance lay out in detail the manner in which the FSOC intends to...
by David Schwartz J.D. CPA | Jun 17, 2012 | All, Change Overview and Rationale
Deloitte LLP has come up with clever new way to describe and track the size and changes in the shadow banking industry. Recognizing that market participants and regulators lacked clarity and consistency when it came to defining, measuring, and framing the debate about...
