by David Schwartz J.D. CPA | Mar 19, 2017 | All, Formal Regulatory Remedies
Industry experts and regulators have debated for some time now about the effects regulation may or may not be having on liquidity. Critics of tough new bank regulations claim that the increased regulatory requirements, such as the higher capital requirements and new...
by David Schwartz J.D. CPA | Jul 22, 2015 | All, Change Overview and Rationale, Formal Regulatory Remedies
On July 21, 2015, following a long five-year proposal and comment period, the collection of restrictions imposed by Section 619 of the Dodd-Frank Act and the regulations thereunder (commonly referred to as the “Volcker Rule”) finally went into effect. The aim of...
by David Schwartz J.D. CPA | Dec 19, 2014 | All, Change Overview and Rationale, Formal Regulatory Remedies
With the Dodd-Frank Wall Street Reform and Consumer Protection Act having just celebrated its fourth birthday, where exactly are we in the the reform of our seemingly ever-evolving regulatory framework? In a recent paper, Dan Ryan, Chairman of the Financial Services...
by David Schwartz J.D. CPA | Dec 19, 2012 | All, Formal Regulatory Remedies
In a letter to Senate Banking Committee Chairman Tim Johnson (D-SD), Senator Bob Corker (R-TN), a key member of the Committee, has called for immediate investigation into the details of the JPMorgan Chase & Co. trading losses. Senator Corker wants the committee to...
by David Schwartz J.D. CPA | Sep 21, 2012 | All, Formal Regulatory Remedies
Rep. Peter King (R-NY), a member of the House Financial Services Committee, will soon introduce a bill to suspend enforcement of the Volker Rule until the Treasury Department can certify that other countries have adopted and are abiding by similar statutory...
