17 June 2013

SME Venture Exchanges (Part One): CFA Institute Report Examines Link between Fraud and Lower Listing Standards (Podcast)

Jim Allen, CFA, head of capital markets policy at CFA Institute, recently caught up with the report’s author, York University finance professor Douglas Cumming, J.D., Ph.D., CFA, to discuss whether companies listed on venture exchanges have greater reporting problems, instances of fraud, and other issues when compared with companies listed on more established securities exchanges. Read more

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13 June 2013

Investors Remain in the Dark When PCAOB Disciplinary Actions Are Hidden in the Shadows

By Matt Waldron, CPA

Reed-Grassley bill would provide much-needed transparency to public company auditing process. Read more

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12 June 2013

Money Market Funds Redefined: the SEC Issues a Reform Proposal at Last

By Linda Rittenhouse, JD

Early reactions range from support for a well-reasoned approach that preserves many current uses of money market funds to views that the proposal doesn’t go far enough to address potential systemic risk. Read more

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11 June 2013

Fearless Fiduciary: SAC Scandal and Bad Financial Actors: Like “The Hangover Part III,” Let’s Hope This Is the End

By Kurt Schacht, JD, CFA

Does the SAC scandal represent a Wall Street tipping point in which there are serious business consequences to bad behavior and investors are no longer willing to let things slide? Read more

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9 June 2013

Sri Lankan Regulator Explains Country’s Capital Markets Turnaround Strategy

By Tony Tan, DBA, CFA

At the 66th CFA Institute Annual Conference held in Singapore in May, Tony Tan, CFA, head of the Standards and Financial Market Integrity division for CFA Institute in the Asia-Pacific region, interviewed Nalaka Godahewa, chairman of the SEC of Sri Lanka, on the development of the country’s capital markets. Read more

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7 June 2013

Wife of Urban Outfitters’ CEO Appointed to Board in Response to Diversity Demands

By Matt Orsagh, CFA, CIPM

There are more than 5,000 exchange-traded companies in the United States, so you can be sure that in any given year there will be company governance gaffes aplenty. This year, retailer Urban Outfitters may have the early lead for worst corporate governance move of 2013. This headline from our friends at Corporate Secretary Magazine says it all: “Urban Outfitters names CEO’s wife to board to quiet diversity demands.” Read more

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7 June 2013

Impact of European Short-Selling Regulation: Mixed Effects on Markets

By Rhodri Preece, CFA

The jury is still out as to the overall effect of this regulation, but a recent report demonstrates that the clamor for more regulation, as well as the industry push-back, is all too often overdone. Read more

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5 June 2013

Restoring Trust in Finance: Remember “It’s Always Someone Else’s Money”

By Rebecca Fender, CFA

The financial industry today faces a crisis of confidence that threatens its future. Without trust, markets don’t function properly and growth prospects are limited. So what can the financial industry do to change its trajectory? A panel at the 66th CFA Institute Annual Conference in Singapore, moderated by CFA Institute CEO John Rogers, CFA, provided some answers. Read more

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4 June 2013

CFA Institute Survey: Weigh in on IASB-FASB Proposal to Overhaul Lease Accounting

By Vincent Papa, PhD, CFA

Survey results will inform CFA Institute position and input to standard setters. Read more

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3 June 2013

Corporate Governance Roundup: Pay Caps in Germany, Pension Reform in the U.K., JPMorgan Controversy in the U.S.

By Matt Orsagh, CFA, CIPM

From revisions to the corporate governance code in Germany and recommendations for corporate governance improvements in Japan to the controversy surrounding the JPMorgan shareowner meeting in the U.S., it’s time to span the corporate governance globe to review important developments from the month of May. Read more

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Views on the integrity of global capital markets

Investors Remain in the Dark When PCAOB Disciplinary Actions Are Hidden in the Shadows

Money Market Funds Redefined: the SEC Issues a Reform Proposal at Last

Fearless Fiduciary: SAC Scandal and Bad Financial Actors: Like “The Hangover Part III,” Let’s Hope This Is the End

Recent Posts from Market Integrity Insights

SME Venture Exchanges (Part One): CFA Institute Report Examines Link between Fraud and Lower Listing Standards (Podcast)

Investors Remain in the Dark When PCAOB Disciplinary Actions Are Hidden in the Shadows

Money Market Funds Redefined: the SEC Issues a Reform Proposal at Last

Fearless Fiduciary: SAC Scandal and Bad Financial Actors: Like “The Hangover Part III,” Let’s Hope This Is the End

Sri Lankan Regulator Explains Country’s Capital Markets Turnaround Strategy

Wife of Urban Outfitters’ CEO Appointed to Board in Response to Diversity Demands

Impact of European Short-Selling Regulation: Mixed Effects on Markets

Restoring Trust in Finance: Remember “It’s Always Someone Else’s Money”

CFA Institute Survey: Weigh in on IASB-FASB Proposal to Overhaul Lease Accounting

Corporate Governance Roundup: Pay Caps in Germany, Pension Reform in the U.K., JPMorgan Controversy in the U.S.