by David Schwartz J.D. CPA | Mar 19, 2022 | All, Change Overview and Rationale, Cross-Post, Formal Regulatory Remedies
On Friday, February 25, 2022, the Securities and Exchange Commission (SEC) proposed its latest round of GameStop rule proposals. In addition to enhanced public disclosures of short sales by institutional investors, the Commission announced a 30-day extension of the...
by David Schwartz J.D. CPA | Feb 14, 2022 | All, Change Overview and Rationale, Cross-Post, Formal Regulatory Remedies
While real-time settlement is still something that may happen far in the future, perhaps on the Starship Enterprise, T+1 is now imminent. On February 9, 2022, the Securities and Exchange Commission proposed to make T+1 a reality. The proposal aimed at reducing risks...
by David Schwartz J.D. CPA | Jan 21, 2022 | All, Cross-Post, Disclosure Regimes
The Securities and Exchange Commission’s (SEC) securities lending disclosure proposal has drawn sharp rebuke from both securities lenders and borrowers. Lending principals criticized the proposal on everything from cost, lack of clarity, and overbroad scope to...
by David Schwartz J.D. CPA | Dec 12, 2021 | All, Commentary, Cross-Post, Disclosure Regimes
Finding a Better Value Proposition for the SEC’s Sec Lending Disclosure Rule The SEC has proposed a radical and potentially very costly reporting regime for securities finance transactions to increase transparency “to brokers, dealers, and...
by David Schwartz J.D. CPA | Nov 29, 2021 | All, Commentary, Cross-Post, Disclosure Regimes
The Securities and Exchange Commission (SEC) recently proposed a new reporting regime to increase transparency and efficiency in the securities-lending market. The SEC seeks to accomplish this by requiring anyone who loans a security on behalf of himself or another...
