by David Schwartz J.D. CPA | Dec 29, 2015 | All, Change Overview and Rationale, Formal Regulatory Remedies
Strategic, underwriting, cybersecurity, compliance, and interest rate risks lead the Office of the Comptroller of the Currency’s (OCC) supervisory concerns in its Semiannual Risk Perspective for Fall 2015. Released December 17, 2015, the report “addresses key issues...
by David Schwartz J.D. CPA | Dec 19, 2015 | All, Change Overview and Rationale, Disclosure Regimes, Formal Regulatory Remedies, ROSE
On February 12, 2015, the Center for the Study of Financial Market Evolution (“CSFME” or the “Center”) filed its response to the Financial Stability Board’s (FSB) consultation, Standards and Processes for Global Securities Financing Data...
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 | Oct 28, 2015 | All, Change Overview and Rationale
The financial crisis made clear that interconnectedness and complexity have the potential to magnify localized shocks and amplify and transmit them to the greater financial system. Understanding the risks posed by our ever more interconnected global financial system...
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...
