Saturday, September 18, 2010
Mad meat! how securitized lending collapsed the financial system View more presentations from catelong.
Friday, September 10, 2010
I got a call yesterday from the communications director of the SEC’s Enforcement Division. He asked if I would publicize several high level job openings. Here are the positions: Associate Director, Division of Enforcement Chief Counsel, Division of Enforcement Associate Director – Office of Whistleblower Coordinator I’m very happy to do this for several reasons: [...]
A summary of where we are in the legislative reform process of the financial system. [BTW: follow me on Twitter – cate_long — tweeting on the conference process) From an email announcement from the House Financial Services Committee: The Wall Street Reform Bill: Conference Update Washington –Last week was a successful week for the House [...]
Tomorrow the House and Senate conference committee is finalizing the language for credit rating agencies. The push and shove is in full flight… Senator Al Franken is promoting his amendment to establish a “ratings board” that will assign a specific rater (Nationally Recognized Statistical Rating Organizations [NRSRO]) to rate structured finance deals. If adopted his amendment [...]
Wednesday, March 24, 2010
US Senate Financial Reform Managers Amendment Summary, March 23, 2010 View more documents from catelong.
Filed in Open engines, Regulatory, Restructuring, Transparency
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Also tagged broker dealers, Congress, derivatives, FDIC, Federal Reserve, hedge funds, securities, underwriting, Wall Street
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Amendments to Dodd bill – HT — Shahien at Huffpo
Filed in Launching..., Open engines, Regulatory, Restructuring, Transparency
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Also tagged audit the Fed, CDS, Congress, derivatives, Federal Reserve, markup, securities, swaps, Wall Street, Washington
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Tuesday, February 23, 2010
SEC Commissioner Elisse Walter commented on a New York Times blog about the need to harmonize the “fiduciary“ obligations of brokers and investment advisors… What a great way for an official charged with protecting investors to address an issue… in the public.. in plain English no less… kudos to Commissioner Walter for her efforts… restoring Americans [...]
Sunday, February 21, 2010
From The Harvard Law School Forum on Corporate Governance and Financial Regulation Luis A. Aguilar is a Commissioner at the U.S. Securities and Exchange Commission. This post is based on Commissioner Aguilar’s remarks at the recent SEC Speaks conference. ~~~ ” … The recent crisis made clear that the financial sector was, and remains, dangerously exposed to [...]
Monday, December 14, 2009
The derivatives legislation adopted by the House of Representatives is a landmark… here is how Barney Franks’ staff describes the legislation: Overview Over-the-counter derivatives legislation for the first time addresses an unregulated part of the financial markets that poses a potential risk to the broader economy. This risk was more than apparent last year when [...]
Sunday, December 13, 2009
If we want market participants to follow the law we should expose the rules and law in a way that makes it more accessible…. we can follow the excellent example of the German securities regulator Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) who has an excellent search tool that allows users to… Search supervisory legislation The supervisory legislation search function [...]