by David Schwartz J.D. CPA | Nov 26, 2013 | All, Procedural Changes
In a joint letter issued on November 5th, the FDIC, Bank of England, German Federal Financial Supervisory Authority, and Swiss Financial Market Supervisory Authority requested that the International Swaps and Derivatives Association adopt language in derivatives...
by David Schwartz J.D. CPA | Oct 14, 2013 | All, Change Overview and Rationale, Procedural Changes
Though scholarly debates continue, the impact of credit derivatives on the law and policy of insider trading is still unexplored. This Article fills this gap to demonstrate that the emergence of credit derivatives marks a profound development for the prohibition...
by David Schwartz J.D. CPA | Apr 19, 2013 | All, Formal Regulatory Remedies
These loopholes are bad policy even in the best of circumstances, but it would be unconscionable to allow them to continue if we can use revenue from closing them to avoid the devastating effect sequestration would have on national security, homeland defense, law...
by David Schwartz J.D. CPA | Mar 20, 2013 | All, Formal Regulatory Remedies
CFTC Commissioner Mark Wetjen has signaled that the CFTC may extend the July effective date for its cross-border derivatives rules. Speaking at a Futures Industry Association conference on March 12, 2013, Wetjen said the European Securities and Markets...
by David Schwartz J.D. CPA | Nov 19, 2012 | All, Formal Regulatory Remedies
In an address before the ALI Conference on Investment Adviser Regulation in New York City on December 6, 2012, Norm Champ, the new Director of the SEC’s Division of Investment, announced that the “Division staff will no longer defer consideration of exemptive...
