by David Schwartz J.D. CPA | Oct 12, 2011 | All, Change Overview and Rationale, Formal Regulatory Remedies, Procedural Changes
For the most part, provisions of the Dodd–Frank Wall Street Reform and Consumer Protection Act (Pub. L. No. 111-203, H.R. 4173 (the Act) relating to derivatives are aimed at increasing transparency, altering clearing and exchange trading requirements, regulation of...
by David Schwartz J.D. CPA | Sep 22, 2011 | All, Change Overview and Rationale, Disclosure Regimes
In their Quarterly Bulletin (Q3 2011), the Bank of England (BOE) examines the lessons the financial crisis revealed in the securities lending industry, as well as some of the more recent market driven and regulatory developments emerging to mitigate these risks. In...
by David Schwartz J.D. CPA | Sep 19, 2011 | All, Formal Regulatory Remedies
In a December 7 letter to the Fed, SEC, CFTC, OCC, and FDIC, House Financial Services Committee Chair Spencer Bachus (R-ALA) requested that the comment period for the proposed regulations implementing the Dodd-Frank Volcker Rule be extended for at least 30 days to...
by David Schwartz J.D. CPA | Sep 19, 2011 | All, Change Overview and Rationale, Formal Regulatory Remedies
The Chancellor of the Exchequer has proposed a radical reformulation of financial services regulation in the UK unifying for the first time macro-prudential regulation, day-to-day oversight, and conduct of business regulation of all financial services firms. Under the...
by David Schwartz J.D. CPA | Sep 14, 2011 | All, Change Overview and Rationale, Disclosure Regimes
Following the financial crisis, the UK established the Independent Commission on Banking (ICB) to examine options for the reform of the country’s banking industry. In June 2010, the ICB was asked to study a range of structural and non-structural reforms to the UK...
