by David Schwartz J.D. CPA | Jul 25, 2017 | All, Change Overview and Rationale, Formal Regulatory Remedies
In a July 12, 2017 address before the Paris Europlace International Financial Forum, François Villeroy de Galhau, Governor of the Banque de France, outlined what he sees is necessary to complete the work of financial regulatory reform. Noting that resilience of the...
by David Schwartz J.D. CPA | Jul 15, 2017 | All, Change Overview and Rationale, Formal Regulatory Remedies
In a June 21, 2017 address before the 26th Annual Securities Finance and Collateral Management Conference in Berlin, Deutsche Bundesbank Board Member Professor Joachim Wuermeling warned that the securities finance sector faces some unique liquidity and collateral...
by David Schwartz J.D. CPA | Jun 28, 2017 | All, Change Overview and Rationale, Formal Regulatory Remedies
In Congressional testimony on June 22, 2017, Federal Reserve Governor Jerome H. Powell highlighted the progress that has been made since the financial crisis in improving the resiliency and resolvability of the U.S. banking industry. Having achieved the primary goals...
by David Schwartz J.D. CPA | Jun 19, 2017 | All, Change Overview and Rationale, Formal Regulatory Remedies
In her keynote address at the 2017 Brodsky Family Northwestern JD-MBA Lecture Series, CFTC Commissioner Sharon Y. Bowen described her thinking on the key trends driving regulatory activity. Commissioner Bowen identified “four disruptive elements” she believes...
by David Schwartz J.D. CPA | Jun 14, 2017 | All, Change Overview and Rationale, Formal Regulatory Remedies
In response to Executive Order 13772, on June 14, 2017 Treasury Secretary Steven Mnuchin published a report identifying recommendations for changes to the regulation of the U.S. financial system in a manner consistent with the Executive Order’s “core...
