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...
by David Schwartz J.D. CPA | Nov 19, 2015 | All, Change Overview and Rationale, Formal Regulatory Remedies
In a report published earlier this week, the Board of the International Organization of Securities Commissions (IOSCO) found that, among the major jurisdictions in the money market fund (MMF) industry, the United States has made the most progress in regulatory...
by David Schwartz J.D. CPA | Nov 19, 2015 | All, Change Overview and Rationale, Formal Regulatory Remedies
In a January 30, 2015 address, Federal Reserve Board Governor Daniel K. Tarullo once again voiced the Fed’s concerns about the systemic risk posed by potential firesales in the asset management industry. Tarullo indicated that as regulators implement reforms...
by David Schwartz J.D. CPA | Sep 22, 2015 | All, Change Overview and Rationale, Formal Regulatory Remedies
Since the liquidity freeze during the financial crisis, liquidity risk management has been a concern to regulators thorughout the financial industry. Last week, the the SEC proposed new rules addressing liquidity management in open end funds and the Financial Industry... by David Schwartz J.D. CPA | Aug 30, 2015 | All, Change Overview and Rationale
PWC has published an August 2015 study commissioned by The Global Financial Markets Association (GFMA) and the Institute for International Finance (IIF) intended to examine the post-crisis state of global financial market liquidity. Among its findings, the study...
