by David Schwartz J.D. CPA | Mar 29, 2016 | All, Change Overview and Rationale, Formal Regulatory Remedies
In a report released March 28, 2016, the GAO concluded that fragmented and overlapping oversight has created inefficiency in the U.S. financial market regulatory structure. The GAO recommended that Congress should consider taking steps to reduce or better manage...
by David Schwartz J.D. CPA | Mar 13, 2016 | All, Change Overview and Rationale, Formal Regulatory Remedies
Among the priorities in the European Commission’s (EC) list of its planned initiatives for 2016 is a new push to refine a package of reforms under its Markets in Financial Instruments Directive (MiFID II). After announcing just last month that MiFID II implementation...
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 | Jan 27, 2016 | All, Change Overview and Rationale, Formal Regulatory Remedies
On January 27, 2016, the Office of Financial Research (OFR), an arm of the Treasury Department created under the Dodd-Frank Act, issued its fourth annual report to Congress. The report highlights the results of OFR research, risks to financial markets, and OFR... by David Schwartz J.D. CPA | Dec 19, 2015 | All, Change Overview and Rationale
Long time financial reform skeptic and Dodd-Frank foe Jeb Hensarling (R-TX), chair of the Financial Services Committee, will hold hearings on what he believes to be the Federal Reserve’s lack of transparency and accountability. On Tuesday, July 14, 2015 at 10:00am...
