As part of the decade-long convergence debate, the.SEC recently offered a hybrid approach as a possible method of incorporating IFRS into the U.S. financial reporting regime. This approach, colloquially referred to as “condorsement” (as it comprises elements of both the … Read more
Leave a CommentAugust 2011
Earlier this month France, Spain, Italy, and Belgium placed temporary bans on short selling of some financial stocks in an effort to stabilize markets. Greece and Turkey had already placed similar short-selling limitations on some financial shares. Last week, Spain and … Read more
Leave a CommentStephen G. Cecchetti, head of the monetary and economic Department at the Bank for International Settlements and speaker at the upcoming Fourth Annual CFA Institute European Investment Conference, recently presented a research paper at the U.S. Federal Reserve symposium in … Read more
Leave a CommentIn recent weeks, Canadian Securities Administrators (CSA) and the Investment Industry Regulatory Organization of Canada (IIROC) published their regulatory approach to dark liquidity (a.k.a. non-displayed orders) in Canadian equity markets. The announcement came off the back of an earlier consultation … Read more
Leave a CommentJohn W. Rogers, Jr. discusses his 30 years of investment experience and compares today’s markets with those of the early 1980s. Read more
Leave a CommentAndrew Balls, managing director at PIMCO’s London office and speaker at the Fourth Annual CFA Institute European Investment Conference in Paris this November, is one of the experts regularly providing insights into market conditions through PIMCO’s website. In his most … Read more
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At the Australia Investment Conference in Sydney, Michael Pettis (pictured left), a professor at Peking University and senior associate at the Carnegie Endowment for International Peace, discussed China’s “rebalancing”, a current topic of interest and debate both inside and outside the country. … Read more
Leave a CommentDark pools have been back in the news in Asia recently. An article by Asian Investor (subscription required) on 17 August noted there is an increasing trading volume of small-cap stocks in Australia, Hong Kong, and Japan in alternative trading systems … Read more
Leave a CommentA recent paper by Stefano Pagliari, presented at a Temple University workshop in May, uses an analysis of IOSCO’s changing role through the financial crisis as the basis for considering how international financial regulators are evolving in the capital markets … Read more
Leave a CommentRichard Koo, chief economist of Nomura Research Institute and presenter at the upcoming Fourth Annual CFA Institute European Investment Conference, made headlines recently with his claim that “ratings agencies may destroy the global economy.” In Nomura’s latest research note, Mr. … Read more
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