Think about transparency for a moment. As a property of physical objects, it is easy to define and understand. According to Merriam-Webster, for example, it’s the result of light that is transmitted “without appreciable scattering so that... Read More
As part of its September 19, 2013 entry into a total of $920 million in regulatory settlements related to the “London Whale” trading loss debacle, and as part of the SEC’s new policy requiring admissions of wrongdoing in certain “egregious”... Read More
On this edition, Derek Bush of Cleary Gottlieb and Mark Perlow of K&L Gates discuss the Dodd-Frank Act and the Volcker Rule and its impact on securities markets and the banking industry. They discuss what banks will and won't be able to do, including... Read More
When the Obama Administration argues that more financial regulation is needed to set us on the path to economic recovery, I would like to respectfully submit that the Great Recession could have been avoided, but its cause can be placed primarily on the... Read More
MODERATOR: This is the LexisNexis Corporate and Securities Law Community Podcast presentations and interviews with leading attorneys and industry professionals. On this edition Richard Phillips and Mike Eisenberg on the Dodd-Frank Act. RICHARD: Good... Read More
Hedge funds were a key subject of debate during the passage of Dodd-Frank. While the funds were not tied to the causes of the market crisis, they do represent large pools of assets which can impact the market. Regulators frequently note that they have... Read More
The Dodd-Frank Wall Street Reform and Consumer Protection Act represents the most sweeping overhaul of the US financial sector since the Great Depression. The Act will impact both the US and non-US business and activities of foreign banks, securities... Read More
Sometimes the surprise is that there are no other surprises. That realization might be dawning now on many financial institutions across the country, and their legal counsel, as 2014 draws to a close and the outlook for 2015 appears to be remarkably predictable... Read More
I have just finished Dr. Alan Greenspan’s latest book, “The Map and the Territory” and to some extent it fairly represents what caused the “Great Recession.” However, Dr. Greenspan omits the role of the Federal Reserve in... Read More
The Dodd–Frank Wall Street Reform and Consumer Protection Act was signed by the President on July 21, 2010. Quite a different world then. Some, like its namesakes, think it has made our banking and economic system safer and has been successfully... Read More
by Andrew J. Buczek and Haydn J. Richards, Jr. There may be no policy area that will be impacted more by the Republican’s election day landslide than financial services. After years of frustration with Democrats unwillingness to make any changes... Read More
Pressures have been mounting on hedge fund managers to hedge their own businesses and diversify away from the hedge fund model itself. Lackluster performance, difficult markets, fees that are perceived as too high, scandals and conflicts of interests... Read More
In a series of recent conversations with industry colleagues around the world, one of the recurring themes has been the growing risk of regulatory investigation and enforcement action companies outside the U.S. are facing. One very particular aspect of... Read More