by David Schwartz J.D. CPA, Executive Director | Mar 23, 2012 | All, Formal Regulatory Remedies
With all the legislative changes, additional required disclosures, say on pay and corporate governance issues percolating in the background, investors, companies, and investment managers are faced with a challenging 2012 proxy season. Today we alert you to two issues...
by David Schwartz J.D. CPA, Executive Director | Mar 20, 2012 | All, Formal Regulatory Remedies
Last week, the Technical Committee of the International Organization of Securities Commissions (IOSCO) issued a consultation paper on the distribution by intermediaries of complex financial products to retail and non-retail customers. The paper focuses on customer...
by David Schwartz J.D. CPA, Executive Director | Mar 19, 2012 | All, Formal Regulatory Remedies
On May 23, the European Parliament adopted a controversial financial transaction tax that would impose a 0.1% tax for shares and bonds and a 0.01% tax on derivatives. The language casts a very wide net and would require financial institutions located outside the EU to...
by David Schwartz J.D. CPA, Executive Director | Mar 19, 2012 | All, Change Overview and Rationale, Formal Regulatory Remedies
Just in time for the CFTC and SEC’s final swaps provisions, State Street and TABB Group have published a paper, Charting New Territory: Buy-Side Readiness for Swaps Reforms, based on a survey of buy-side firms examining where the investment community stands on a...
by David Schwartz J.D. CPA, Executive Director | Mar 19, 2012 | All
. . . a company must choose the most appropriate decision from the perspective of business management by accurately identifying the balance between the loss that would be incurred if business were to be halted by an earthquake and the cost for risk mitigation measures...
