by David Schwartz J.D. CPA | Jun 2, 2014 | All, Formal Regulatory Remedies
The Staff of the Federal Reserve Bank of New York has published a “A Primer on the GCF Repo® Service,” the overall goal of which is to to quantify to what extent dealers pursue various strategies trading GCF Repo. The paper’s abstract describes the...
by David Schwartz J.D. CPA | Aug 19, 2013 | All, Formal Regulatory Remedies
The Federal Reserve Board has approved rules making it clearer which non-banks can be swept into the Board’s regulatory ambit and under what circumstances they may be “systematically important.” The March 29, 2013 release lays out the Fed’s...
by David Schwartz J.D. CPA | Apr 19, 2013 | All, Formal Regulatory Remedies
On December 14, 2012, the Board of Governors of the Federal Reserve System (Fed) issued for public comment a rule proposal that, if adopted, could drastically alter the structure and operations of foreign banking organizations (FBOs) in the U.S. The Fed’s...
by David Schwartz J.D. CPA | Nov 27, 2012 | All
On November 5, 2012, the Federal Reserve Board (the “Fed”) issued instructions and guidelines for two 2013 stress testing and capital planning programs. Based on similar programs instituted in 2012, the Comprehensive Capital Analysis and Review 2013 describes...
by David Schwartz J.D. CPA | Nov 16, 2012 | All, Change Overview and Rationale
The latest Federal Reserve Open Market Committee (“FMOC”) minutes reveal serious consideration of an approach to monetary policy whereby the Fed uses quantitative triggers based on unemployment rates and inflation, as opposed to date-based thresholds, to...
