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Tag Archives: securities

Summary of amendments to the March Dodd draft

US Senate Financial Reform Managers Amendment Summary, March 23, 2010 View more documents from catelong.

Summary of amendments to the Dodd draft

Amendments to Dodd bill – HT — Shahien at Huffpo

Restoring American Financial Stability – Discussion Draft

Senate Banking Committee Chairman Christopher Dodd released his version of legislation to reform the financial system today. Here are the summary and full draft. Dodd bill summary link HIGHLIGHTS OF THE DISCUSSION DRAFT Consumer Financial Protection Agency: Creates an independent watchdog to ensure American consumers get the clear, accurate information they need to shop for […]

CUSIP’s game is done

** FREEDOM FOR FINANCIAL MARKETS ** PUBLIC DOMAIN DEDICATION AND TERMS Public Domain Dedication. Bloomberg Finance L.P., a limited partnership organized and existing under the laws of the State of Delaware with offices at 731 Lexington Avenue, New York, New York 10022 (“Bloomberg”), hereby dedicates BSYM Identifiers to the public domain and makes BSYM Identifiers […]

The New Improved 2009 Floaters

So much is made of the special abilities of Wall Street to innovate new ways to flow capital to various entities… But is all innovation good? Or is some of it just new ways for Wall Street underwriters to package securities and make fees? The Wall Street Journal reports today on the New Improved 2009 […]

You want transparency? Tag it…

XBRL for Dummies One of the easist ways to create transparency in financial markets is to break documents or processes into pieces and tag them… this is the approach that FIX, the standard for electronic trading of securities takes and  XBRL does for financial reporting… Some have suggested this approach for asset backed securities… the […]

It’s all electronic…

Electronic Trading Takes Over, Block Trading Dries Up – From Sandler O’Neill Global Exchange & Electronic Trading Conference in New York, NY: Interview with ITG CEO Robert Gasser (Bloomberg News — running time 5:00 minutes) Mr. Gasser says the, “Buyside has been empowered to trade directly into the markets…”… this is a direct result of […]

XBRL Markup For Financial Reports Could Rebuild Public Trust

Reblog from Silicon Valley Watcher…   ~~~~ ” By Tom Foremski – May 13, 2009 [Earlier today I met with Diane Mueller (pictured at left) who has spent nearly ten years helping to develop the extensible business reporting language (XBRL) standard for financial reporting, which the SEC mandates that public companies must use from June […]

I believe that transparency and neutrality of information actually reduce uncertainty and promote stability.

Excellent speech by John Smith, the Chairman of the International Accounting Standards Board, given May 8th at the European Commission Conference “Financial Reporting in a Changing World” … He begins by making the case for the United States to adopt IFRS (the International Financial Reporting Standards)… this seems an easy decision for a country with a free […]

Retail transparency

Online help for novice bond investors A Financial Q&A with Steve Dinnen. from the April 2, 2009 edition, Christian Science Monitor Q : I have had trouble finding a user-friendly bond site. I seem to keep getting sites where there are runs of transactions bought and sold in the past 12 hours. But I can’t […]