by David Schwartz J.D. CPA | Jul 29, 2012 | All, Formal Regulatory Remedies
The need for further regulations governing money market funds was once again hotly debated at Senate Banking Committee hearings last week. At the hearings, Treasury Secretary Timothy Geithner reiterated his concerns that the 2010 money market reforms enacted by the...
by David Schwartz J.D. CPA | Jul 22, 2012 | All, Change Overview and Rationale, Formal Regulatory Remedies
Banking regulation is inappropriate for MMFs and would end MMFs as we know them at great cost to the millions of investors who value them for their efficiency and safety, and to the financial system as a whole. Already subject to a comprehensive regulatory regime,...
by David Schwartz J.D. CPA | Jun 19, 2012 | All, Change Overview and Rationale, Formal Regulatory Remedies
Per the fiscal year 2013 Financial Services and General Government Appropriations bill of the House Appropriations Committee, the SEC must perform an in-depth study on the effectiveness of the Commission’s long standing rules, as well as the more recent money...
