by David Schwartz J.D. CPA | Jan 27, 2012 | All, Formal Regulatory Remedies
Citing “recent congressional and public policy trends disfavoring broker voting of uninstructed shares,” the NYSE has severely limited broker discretionary voting of uninstructed shares with regard to corporate governance proposals. Effective January 25, 2012,...
by David Schwartz J.D. CPA | Jan 22, 2012 | All, Change Overview and Rationale, Formal Regulatory Remedies
K&L Gates’ 2012 Annual Outlook provides a valuable collection of articles that address important industry and regulatory trends and their correlation with government and political developments. This edition highlights regulatory issues in European Union...
by David Schwartz J.D. CPA | Jan 19, 2012 | All, Formal Regulatory Remedies
The Chairman of the CFTC, Gary Gensler, testified before the Senate Committee on Banking, Housing and Urban Affairs on May 22 on the progress of his agency’s regulatory reform of swaps. Gensler’s testimony included details on the CFTC’s plans for...
by David Schwartz J.D. CPA | Jan 16, 2012 | All, Change Overview and Rationale, Formal Regulatory Remedies, Procedural Changes
On December 20, 2011, the Federal Reserve Board of Directors published its long awaited proposal on enhanced prudential standards and early remediation requirements. This proposal, required by the Dodd-Frank Act, would impose greater levels of regulation and...
by David Schwartz J.D. CPA | Jan 15, 2012 | All, Formal Regulatory Remedies, Procedural Changes
In a December 23, 2011 approval order in connection with the proposed acquisition of RBC Bank (USA), a North Carolina based unit of Royal Bank of Canada, by The PNC Financial Services Group, Inc. includes the FRB’s first ever Dodd-Frank financial stability...
