by David Schwartz J.D. CPA, Executive Director | Feb 12, 2012 | All, Change Overview and Rationale, Formal Regulatory Remedies
While the short-term challenges that threaten the system are real, and should be dealt with promptly using a variety of policies, it would be wrong to let them weaken our commitment to financial reform Dismissing calls to weaken or reconsider global financial reforms...
by David Schwartz J.D. CPA, Executive Director | Jan 29, 2012 | All, Formal Regulatory Remedies
In light of current conditions in the financial markets, CONSOB, the Italian banking and securities regulatory body, has extended its ban on short selling of financial sector stocks. Initially adopted on August 12, 2011 and subsequently extended until January 15,...
by David Schwartz J.D. CPA, Executive Director | 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, Executive Director | 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, Executive Director | 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...
