by Ed Blount | Feb 18, 2021 | All
Our February 1st blog, “An Existential Moment for Securities Finance,” was followed three days later by a meeting of the Securities Finance Committee of the Bank of England. According to the meeting minutes, published yesterday, bankers registered...
by Ed Blount | Jan 19, 2021 | All, Commentary, Cross-Post
Feb 1, 2021: The social controversy over Gamestop’s (GME) battle of wills — r/wallstreetbets v ‘The Shorts’ — may well harden the scrutiny of regulators and litigators toward the US$2.4 trillion global equity finance ecosystem that supports hedge fund...
by David Schwartz J.D. CPA, Ed Blount | Sep 29, 2020 | All, Commentary, Cross-Post
European commissioners are reviewing a study from their securities and market authority (ESMA) that includes a recommendation for new laws to combat unfair trading practices and an extended remit for National Competent Authorities (NCAs) to conduct snap audits of...
by Ed Blount | Sep 19, 2020 | All, Commentary, Cross-Post, Procedural Changes
The European Securities and Markets Authority (ESMA) has recommended that the market regulators in EU Member States combine trade data generated from the Securities Finance Transaction Regulation (SFTR) with local surveillance data to empower tax authorities to catch...
by Ed Blount | Jun 24, 2020 | All, Cross-Post, Traditions
In the coming corporate bankruptcy crisis, banks and companies perceived as bad actors in society will find their resolution terms to be very harsh. To avoid being diluted or even wiped out, large shareholders and corporate boards of directors must be constantly...
