by David Schwartz J.D. CPA | Feb 19, 2016 | All, Change Overview and Rationale, Formal Regulatory Remedies
SEC Chairman Mary Jo White used the occasion of her keynote speech a the September 21, 2016 International Bar Association’s annual conference to address some the challenges the Securities and Exchange Commission faces in regulating an ever more global asset management...
by David Schwartz J.D. CPA | Jan 19, 2016 | All, Change Overview and Rationale, Disclosure Regimes, Formal Regulatory Remedies
Both FINRA and the Securities and Exchange Commission have indicated a renewed interest in the fees charged by investment advisors. In a May 2016 notice, FINRA announced a mutual fund fee waiver sweep intended to gather information regarding whether advisors had...
by David Schwartz J.D. CPA | Jan 19, 2016 | All
On January 14, 2016, the SEC announced that a large U.S. broker dealer had agreed to settle charges that its securities lending practices violated federal securities regulations. According to the SEC’s order, the dealer violated Regulation SHO by providing...
by David Schwartz J.D. CPA | Jan 18, 2016 | All, Change Overview and Rationale, Formal Regulatory Remedies
The Securities and Exchange Commission’s September 2015 rule proposals addressing mutual fund liquidity issues have not been received with great enthusiasm by the fund industry. Some major players have made it quite clear in their comment letters that they feel the...
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...
