by David Schwartz J.D. CPA | Apr 20, 2016 | All, Change Overview and Rationale, Formal Regulatory Remedies
In their April 16, 2016 report, Review of Asset Management Products and Activities, the Financial Stability Oversight Council (FSOC) requested that regulators make coordinated and permanent efforts to collect more data on securities lending. Noting that that current...
by David Schwartz J.D. CPA | Apr 19, 2016 | All, Change Overview and Rationale
The Office of Financial Research released results of its survey of the bilateral repo markets. The report, “The U.S. Bilateral Repo Market: Lessons from a New Survey,” provides aggregate statistics on U.S. dealers’ bilateral repo agreements and...
by David Schwartz J.D. CPA | Apr 14, 2016 | All, Change Overview and Rationale, Formal Regulatory Remedies
In her March 29, 2016 keynote address before the Mutual Fund Directors Forum’s annual policy conference, SEC Chair Mary Jo White laid out some of her thoughts on the role of mutual fund directors in assessing risks and exercising their oversight responsibilities. In...
by David Schwartz J.D. CPA | Feb 28, 2016 | All, Change Overview and Rationale, Formal Regulatory Remedies
On February 10, 2016, the Securities and Exchange Commission approved final rules intended to ensure that both U.S. and foreign dealers are subject to U.S. regulation when they engage in security-based swap dealing activity in the United States. The new rules require...
by David Schwartz J.D. CPA | Feb 19, 2016 | All, Change Overview and Rationale
As we reported in April of 2015, the Office of Financial Research, the Federal Reserve, and the Securities and Exchange Commission launched a joint pilot program to collect better and more complete data on securities lending. At that time, the OFR, Fed, and SEC...
