by David Schwartz J.D. CPA | Jul 29, 2013 | All, Change Overview and Rationale, Formal Regulatory Remedies
As the market subject to these regulations is international, it is acknowledged that, notwithstanding the high degree of similarity that already exists between the respective requirements, without coordination, subjecting the global market to the simultaneous...
by David Schwartz J.D. CPA | Feb 17, 2013 | All, Change Overview and Rationale, Formal Regulatory Remedies
The Senate Banking Committee spent the best part of its Valentine’s Day grilling Fed officials and agency heads about the regulatory implementation of Dodd-Frank. Despite holding the hearings on a day dedicated to romance and love, the Senators certainly did not...
by David Schwartz J.D. CPA | Jan 29, 2013 | All, Change Overview and Rationale
“Given the inconsistency in the Commission’s interpretation of its own rules, the lack of regulatory certainty and the increased cost of compliance with the Commission swaps regulations, including the complicated and controversial swap dealer definition rules, swap...
by David Schwartz J.D. CPA | Dec 21, 2012 | All, Formal Regulatory Remedies
On December 18, 2012, the CFTC issued an interim final rule extending the compliance date for the new Dodd-Frank business conduct standards and documentation requirements for swap dealers and major swap participants. The rule extends the deadline for the business...
by David Schwartz J.D. CPA | Mar 19, 2012 | All, Formal Regulatory Remedies
CFTC Chairman, Gary Gensler, says he believes that the days of the opaque swaps market are ending and a new era of transparency and commonsense rules of the road is on the horizon. Gensler’s October 10, 2012 address before the George Washington University Center...
