by David Schwartz J.D. CPA | Oct 24, 2023 | All, Change Overview and Rationale, Cross-Post, Disclosure Regimes, Formal Regulatory Remedies
The Securities and Exchange Commission (SEC) recently adopted final rules on money market (2a-7) fund reforms. These reforms are designed to make money market funds more resilient and liquid, potentially making them safer and more attractive vehicles for mutual funds...
by David Schwartz J.D. CPA | Oct 19, 2017 | All, Change Overview and Rationale, Formal Regulatory Remedies
In its semi-annual Monetary Policy Report submitted to Congress on July 7, 2017, the Federal Reserve Board indicated that regulatory reforms since the global financial crisis “have likely altered financial institutions’ incentives to provide...
by David Schwartz J.D. CPA | Mar 19, 2017 | All, Formal Regulatory Remedies
Industry experts and regulators have debated for some time now about the effects regulation may or may not be having on liquidity. Critics of tough new bank regulations claim that the increased regulatory requirements, such as the higher capital requirements and new...
by David Schwartz J.D. CPA | Nov 19, 2016 | All, Change Overview and Rationale, Formal Regulatory Remedies
Modern financial markets are a finely woven tapestry of market makers, investment products and vehicles, and investors with diverse expectations and risk appetites. Holding the whole thing together is a structure of rules and regulations. Altering this intricate...
by David Schwartz J.D. CPA | Nov 14, 2016 | All, Change Overview and Rationale
Prior to Basel III and Dodd-Frank, broker-dealers were the world’s main supply of high quality liquid assets (HQLA). New regulations have forced broker-dealers to reduce drastically their inventories of these high quality collateral assets at a time when a flight to...
