by David Schwartz J.D. CPA, Executive Director | Feb 26, 2012 | All, Change Overview and Rationale, Formal Regulatory Remedies
Responding to strident criticism of proposed regulations implementing the Volker Rule, former Fed Chair Paul Volker and the Senate authors of the Dodd-Frank Volker Rule provisions defended the rule as absolutely vital and urged the SEC and banking agencies to...
by David Schwartz J.D. CPA, Executive Director | Feb 19, 2012 | All, Disclosure Regimes, Formal Regulatory Remedies
Lucian Bebchuk, Professor of Law, Economics, and Finance at Harvard Law School and Robert J. Jackson, Jr., Associate Professor of Law at Columbia Law School have published a paper urging caution and concluding that the SEC should not proceed with a recently proposed...
by David Schwartz J.D. CPA, Executive Director | Feb 19, 2012 | All, Formal Regulatory Remedies
In an address in February before the Practicing Law Institute, SEC Chairman Mary Schapiro outlined for the audience the Commission’s plans to build, from the ground up, a new regulatory regime for over-the-counter derivatives. The innovative and heretofore...
by David Schwartz J.D. CPA, Executive Director | Feb 19, 2012 | All, Change Overview and Rationale, Formal Regulatory Remedies
Basel III introduces a leverage ratio and raises the minimum risk-weighted capital ratios, but it does so using highly arcane formulas, suggesting more insight and accuracy than can possibly be achieved. Where the markets assess, demand and adjust intrinsic risk...
by David Schwartz J.D. CPA, Executive Director | Feb 13, 2012 | All, Formal Regulatory Remedies
Nasdaq has proposed new rules for the the qualification, listing, trading, and delisting of a broad list of structured notes and other related products. Although the present NASDAQ Rule 5710 includes initial listing standards for equity index-linked securities and...
