by Ed Blount, Founder and Director Emeritus | May 18, 2018 | All, Cross-Post
On May 16, 2018, JPMorgan Chase unveiled Dromaius, its prototype of a shared ledger for capital market services, at Coindesk’s Consensus 2018 conference. The prototype is designed to test the use of the Ethereum blockchain technology in supporting a coordinated...
by Ed Blount, Founder and Director Emeritus | Oct 24, 2017 | All
Following up on the publication of its first banking policy report in June, the U.S. Treasury released two more reports on Capital Markets and Asset Management. From the tone of all the reports, it’s clear that Treasury intends to lead the regulatory agencies of the...
by Ed Blount, Founder and Director Emeritus | Apr 23, 2017 | All, Commentary
The latest legislative offering in the U.S., the Financial CHOICE Act, does nothing for securities finance. Nothing in the bill provides an exemption to the funding markets from the crushing weight of regulatory reform. At present, both political parties in the US...
by Ed Blount, Founder and Director Emeritus | Oct 19, 2016 | All, Commentary
Is it true that customers always get a better price for their trades when executions take place on a regulated exchange? That seems to be the premise underlying a putative class action suit filed in federal court last November in the Southern District of New York....
by Ed Blount, Founder and Director Emeritus | Jun 19, 2016 | All, Commentary
“There is nothing less practical than a bad theory,” wrote CEO Paul Shott Stevens of the Investment Company Institute (ICI) in a July 2016 blog. Mr. Stevens introduced a series of recent findings that the ICI suggests may present a rebuttal to their members of...
