by David Schwartz J.D. CPA | May 19, 2013 | All, Change Overview and Rationale, Formal Regulatory Remedies
Newly proposed cross-border regulations issued by the US Commodity Futures Trading Commission have made waves across the globe, with nine overseas finance officials urging US Treasury Secretary Jacob J. Lew to limit the cross-border reach of Dodd-Frank Act swaps...
by David Schwartz J.D. CPA | May 12, 2013 | All, Change Overview and Rationale, Formal Regulatory Remedies
Over the past few decades, US and other financial regulators have had to think more and more about their regulations not just from a domestic standpoint, but from a global perspective as well. One prime example is the US Securities and Exchange Commission, whose...
by David Schwartz J.D. CPA | Mar 16, 2013 | All, Formal Regulatory Remedies
The first in a series of dates implementing mandatory swaps clearing finally arrived last week. March 11, 2013 marked the date by which swap dealers, major swap participants, and private funds active in the swaps market were required to begin clearing swaps. The March...
by David Schwartz J.D. CPA | Feb 17, 2013 | All, Change Overview and Rationale, Formal Regulatory Remedies
The Senate Banking Committee spent the best part of its Valentine’s Day grilling Fed officials and agency heads about the regulatory implementation of Dodd-Frank. Despite holding the hearings on a day dedicated to romance and love, the Senators certainly did not...
by David Schwartz J.D. CPA | Jan 29, 2013 | All, Change Overview and Rationale
“Given the inconsistency in the Commission’s interpretation of its own rules, the lack of regulatory certainty and the increased cost of compliance with the Commission swaps regulations, including the complicated and controversial swap dealer definition rules, swap...
