by David Schwartz J.D. CPA, Executive Director | May 11, 2021 | All, Commentary, Cross-Post
January’s GameStop frenzy, where amateur online retail traders took what they hoped would be a rollicking joyride through the world of high finance, has left regulators scratching their heads about what to do next and the retail buccaneers themselves with quite...
by David Schwartz J.D. CPA, Executive Director | Apr 22, 2021 | All, Commentary, Cross-Post
After nearly twenty years of study, the Securities and Exchange Commission seems poised to rewrite the rules on proxy disclosure for mutual funds. Two SEC commissioners predicted within days of each other that there will be radical revisions to how regulated...
by David Schwartz J.D. CPA, Executive Director | Apr 12, 2021 | All, Cross-Post
Allison Herren Lee, the Securities and Exchange Commission’s acting chair, called for more disclosure and transparency about proxy voting by mutual funds and institutional investors to ensure they line up with shareholder sentiment, particularly environmental,...
by David Schwartz J.D. CPA, Executive Director | Mar 19, 2021 | All, Cross-Post
The European Union has embarked on an aggressive legislative push to make environmental, social, and governance (ESG) considerations as a focus of financial services industry regulation. The first salvo in the EU push, the Regulation on Sustainability-Related...
by David Schwartz J.D. CPA, Executive Director | Mar 19, 2021 | All
DTCC has applied to the US Securities and Exchange Commission for permission to launch a securities finance clearing service. DTCC’s fixed income arm, the National Securities Clearing Corporation (NSCC), spearheads the central clearing initiative, touting the...
