by David Schwartz J.D. CPA, Executive Director | 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, Executive Director | 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, Executive Director | 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...
by David Schwartz J.D. CPA, Executive Director | Jun 15, 2012 | All, Formal Regulatory Remedies
In anticipation of the G20 Leaders Summit in Los Cabos, Mexico on June 18-19, The Basel Committee has issued its latest progress report on the implementation of its banking standards across member countries. The Committee finds that, though significant progress has...
by David Schwartz J.D. CPA, Executive Director | Jun 12, 2012 | All, Formal Regulatory Remedies
The SEC has issued a policy statement laying out a roadmap for how it plans to implement new rules regulating security-based swaps and security-based swap market participants under authority granted to it by the 2010 Dodd-Frank Wall Street Reform and Consumer...
