by David Schwartz J.D. CPA | Feb 28, 2016 | All, Change Overview and Rationale, Formal Regulatory Remedies
On February 10, 2016, the Securities and Exchange Commission approved final rules intended to ensure that both U.S. and foreign dealers are subject to U.S. regulation when they engage in security-based swap dealing activity in the United States. The new rules require...
by David Schwartz J.D. CPA | Feb 14, 2016 | All, Change Overview and Rationale, Formal Regulatory Remedies
On January 29, 2016, the Bank of England (B of E) issued a consultation paper laying out its proposed framework for the systemic risk buffer (SRB) to be applied to ring-fenced banks and large building societies holding more than £25 billion of retail and small and...
by David Schwartz J.D. CPA | Aug 19, 2015 | All, Change Overview and Rationale, Formal Regulatory Remedies
On October 7, 2015, the Office of Financial Research (OFR) published a paper highlighting the difficulties in interpreting the Liquidity Coverage Ratio (LCR), a new standard set by bank regulators after the financial crisis to help ensure banks maintain sufficient...
by David Schwartz J.D. CPA | Mar 16, 2015 | All, Formal Regulatory Remedies, Procedural Changes
In a recent address before the Center for the Study of Financial Regulation at the University of Notre Dame’s Mendoza College of Business, SEC Commissioner Michael S. Piwowar urged academics to engage more actively in policy debates over securities regulation....
by David Schwartz J.D. CPA | Feb 19, 2015 | All, Change Overview and Rationale, Formal Regulatory Remedies
Over the objections many, including asset managers, insurance companies, and even legislators and other regulators, the Financial Stability Oversight Council (FSOC) has pushed ahead with its mandate to identify risks to financial stability that could arise from the...
