by David Schwartz J.D. CPA | Sep 19, 2014 | All, Formal Regulatory Remedies, ROSE
With the November 15 and 16 G20 Summit in Brisbane fast approaching, policy makers and regulators in the US and the UK have been hard at work. Not to be outdone, IOSCO, ESMA, and BIS have also been busy. Eager to demonstrate progress on financial re-regulation and...
by David Schwartz J.D. CPA | Aug 27, 2014 | All, Change Overview and Rationale, Formal Regulatory Remedies
Under rules recently finalized by the SEC, all money market funds will be permitted, and under some circumstances required, to impose liquidity fees and gates against investor redemptions if the fund’s weekly liquid assets fall below specified thresholds. In their...
by David Schwartz J.D. CPA | Jul 21, 2014 | All
It is often said that good corporate governance helps reduce a company’s investment risk, ensures the effective deployment of shareholder capital, and ultimately contributes to the long-term performance of public companies. . . On the other hand, the absence of a...
by David Schwartz J.D. CPA | Jun 19, 2014 | All, Change Overview and Rationale, Formal Regulatory Remedies
In a November 22, 2013 address before the Americans for Financial Reform and Economic Policy Institute Conference, Federal Reserve Board Governor Daniel K. Tarullo outlined a potential regulatory initiative to limit short-term wholesale funding risks. As we mentioned...
by David Schwartz J.D. CPA | Jun 6, 2014 | All, Change Overview and Rationale, Formal Regulatory Remedies
In a May 29, 2014 white paper, Blackrock responded strongly to the Financial Stability Oversight Council’s (FSOC) 2014 Annual Report which raised concerns about asset managers and securities lending. In particular, Blackrock’s paper takes issue with FSOC’s assertion...
