by David Schwartz J.D. CPA | Dec 26, 2011 | All, Formal Regulatory Remedies, Procedural Changes
The Basel Committee on Banking Supervision has issued for consultation its revised Core Principles for Effective Banking Supervision. The consultative paper updates the Committee’s 2006 Core Principles document as well as the associated Core Principles...
by David Schwartz J.D. CPA | Dec 25, 2011 | All, Formal Regulatory Remedies
Treasury, the Fed, the FDIC, and the SEC have announced an extension of the comment period on the proposed regulations implementing the Dodd-Frank Act’s Volcker Rule provisions. Originally set to expire on January 13, 2012, the comment period has been extended a...
by David Schwartz J.D. CPA | Dec 20, 2011 | All, Procedural Changes
On December 20, ISS published its white paper laying out in detail the pay for performance methodology it will implement under its 2012 policy updates. The goal of the white paper is to help both institutional clients and the companies in which they invest more fully...
by David Schwartz J.D. CPA | Dec 19, 2011 | All, Formal Regulatory Remedies, Procedural Changes
In her December 15, 2011 address before the Transatlantic Corporate Governance Dialogue, SEC Chairman, Mary L. Schapiro, stated that in response to comments received on the Commission’s Proxy Plumbing concept release, the Commission is seriously considering...
by David Schwartz J.D. CPA | Dec 19, 2011 | All, Formal Regulatory Remedies
In reaction to high volatility in the financial markets, on August 11, 2011, the Belgian Financial Services and Markets Authority (FSMA) banned shorts selling on of shares of certain Euronext Brussels listed banks and financial institutions. The FSMA also banned short...
